Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Sunday, May 19, 2019.
Euro/Kuwaiti Dinar (FOREX:EURKWD)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
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MarketClub’s Trade Triangles for EURKWD
The long term trend has been DOWN since May 2nd, 2018 at 0.36350
The intermediate term trend has been DOWN since Apr 24th, 2019 at 0.34012
The short term trend has been DOWN since May 15th, 2019 at 0.34086
Smart Scan Analysis for EURKWD
Based on a pre-defined weighted trend formula for chart analysis, EURKWD scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.34011 | 0.34011 | 0.33943 | 0.33956 | -0.00055 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.33980 | 0.33856 | 0.34056 | 2019-05-17 18:02:50 |