Forex Trend Analysis Report
Prepared for you on Tuesday, November 24, 2020.
Euro/Kuwaiti Dinar (FOREX:EURKWD)
Bull Market Weakness (+75) - EURKWD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on EURKWD as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for EURKWD
The long-term trend has been DOWN since Nov 2nd, 2020 at 0.35587
The intermediate-term trend has been UP since Nov 6th, 2020 at 0.36286
The short-term trend has been UP since Nov 23rd, 2020 at 0.36344
Smart Scan Analysis for EURKWD
Based on our trend formula, EURKWD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).