Forex Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
Kuwaiti Dinar/Euro (FOREX:KWDEUR)
Strong Downtrend (-100) - KWDEUR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid KWDEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for KWDEUR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for KWDEUR
The long-term trend has been DOWN since Mar 2nd, 2020 at 2.9350727
The intermediate-term trend has been DOWN since May 20th, 2020 at 2.9514454
The short-term trend has been DOWN since May 26th, 2020 at 2.9457940
Smart Scan Analysis for KWDEUR
Based on our trend formula, KWDEUR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).