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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Euro/Kuwaiti Dinar (FOREX:EURKWD)
Countertrend Down (-85) - EURKWD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid EURKWD?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURKWD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for EURKWD
The long-term trend has been DOWN since Nov 6th, 2024 at 0.32952
The intermediate-term trend has been DOWN since Oct 4th, 2024 at 0.33623
The short-term trend has been UP since Nov 19th, 2024 at 0.32593
Smart Scan Analysis for EURKWD
Based on our trend formula, EURKWD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.3257 | 0.3257 | 0.3255 | 0.3257 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.3257 | 2024-11-20 01:51:23 |