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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Kuwaiti Dinar/Euro (FOREX:KWDEUR)
Sidelines Mode (+55) - KWDEUR 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 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.
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MarketClub’s Trade Triangles for KWDEUR
The long-term trend has been UP since Apr 12th, 2024 at 3.0322605
The intermediate-term trend has been DOWN since Jul 11th, 2024 at 3.0128015
The short-term trend has been UP since Jul 24th, 2024 at 3.0164367
Smart Scan Analysis for KWDEUR
Based on our trend formula, KWDEUR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.0111685 | 3.0134370 | 3.0100809 | 3.0113499 | +0.0001810 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.0111685 | 2024-07-26 10:37:33 |