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Forex Trend Analysis Report

Prepared for you on Tuesday, November 20, 2018.

Kuwaiti Dinar/Euro (FOREX:KWDEUR)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_KWDEUR
Open High Low KWDEUR Price Change
2.87395 2.87540 2.87395 2.87400 +0.00005
Entry Signal

MarketClub’s Trade Triangles for KWDEUR

long term up The long term trend has been UP since May 2nd, 2018 at 2.75105

intermediate term down The intermediate term trend has been DOWN since Nov 19th, 2018 at 2.87315

short term down The short term trend has been DOWN since Nov 14th, 2018 at 2.90065

Smart Scan Analysis for KWDEUR

Based on a pre-defined weighted trend formula for chart analysis, KWDEUR scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for KWDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.87395 2.87540 2.87395 2.87400 +0.00005
Prev. Close Volume Bid Ask Time
2.87395 2.86570 2.88230 2018-11-20 00:53:29
Want to analyze Kuwaiti Dinar/Euro KWDEUR or another symbol? Try our Free Forex Trend Analysis Report.