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.
MarketClub’s Trade Triangles for EURKWD
The long-term trend has been DOWN since Mar 4th, 2021 at 0.36223
The intermediate-term trend has been DOWN since Jun 11th, 2021 at 0.36452
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).