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Forex Trend Analysis Report

Prepared for you on Sunday, August 1, 2021.

Euro/Kuwaiti Dinar (FOREX:EURKWD)

Sidelines Mode (-55) - EURKWD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
0.35739 0.35752 0.35618 0.35666 -0.00073
Entry Signal

MarketClub’s Trade Triangles for EURKWD

long term down The long-term trend has been DOWN since Mar 4th, 2021 at 0.36223

intermediate term down The intermediate-term trend has been DOWN since Jun 11th, 2021 at 0.36452

short term up The short-term trend has been UP since Jul 26th, 2021 at 0.35490

Smart Scan Analysis for EURKWD

Based on our trend formula, EURKWD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for EURKWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.35739 0.35752 0.35618 0.35666 -0.00073
Prev. Close Volume Bid Ask Time
0.35739 2021-07-30 17:14:54
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