Forex Trend Analysis Report
Prepared for you on Sunday, April 5, 2020.
Euro/Kuwaiti Dinar (FOREX:EURKWD)
Crossroads (-60) - EURKWD is struggling to move into a solid trend. Beware of choppy markets 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 UP since Mar 2nd, 2020 at 0.34071
The intermediate-term trend has been DOWN since Mar 20th, 2020 at 0.33146
The short-term trend has been DOWN since Apr 2nd, 2020 at 0.34136
Smart Scan Analysis for EURKWD
Based on our trend formula, EURKWD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).