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Forex Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

Euro/Kuwaiti Dinar (FOREX:EURKWD)

Bear Market Rally (-75) - EURKWD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on EURKWD as it may be in the beginning 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.

FOREX_EURKWD
Open High Low EURKWD Price Change
0.32981 0.32981 0.32903 0.32942 -0.00039
Entry Signal

MarketClub’s Trade Triangles for EURKWD

long term down The long-term trend has been DOWN since Apr 12th, 2024 at 0.32979

intermediate term down The intermediate-term trend has been DOWN since Mar 27th, 2024 at 0.33337

short term up The short-term trend has been UP since Apr 18th, 2024 at 0.32895

Smart Scan Analysis for EURKWD

Based on our trend formula, EURKWD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for EURKWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.32981 0.32981 0.32903 0.32942 -0.00039
Prev. Close Volume Bid Ask Time
0.32981 2024-04-24 13:41:40
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