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Forex Trend Analysis Report

Prepared for you on Saturday, May 30, 2020.

Euro/Kuwaiti Dinar (FOREX:EURKWD)

Long-Term Uptrend (+90) - EURKWD is in a strong uptrend that is likely to continue. While EURKWD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
0.34226 0.34339 0.34200 0.34224 -0.00002
Entry Signal

MarketClub’s Trade Triangles for EURKWD

long term up The long-term trend has been UP since Mar 2nd, 2020 at 0.34071

intermediate term up The intermediate-term trend has been UP since May 20th, 2020 at 0.33882

short term up The short-term trend has been UP since May 26th, 2020 at 0.33947

Smart Scan Analysis for EURKWD

Based on our trend formula, EURKWD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for EURKWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.34226 0.34339 0.34200 0.34224 -0.00002
Prev. Close Volume Bid Ask Time
0.34226 0.34124 0.34324 2020-05-29 17:18:39
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