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Forex Trend Analysis Report

Prepared for you on Saturday, November 2, 2024.

Euro/Kuwaiti Dinar (FOREX:EURKWD)

Sidelines Mode (-55) - EURKWD 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 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
0.33348 0.33348 0.33219 0.33221 -0.00127
Entry Signal

MarketClub’s Trade Triangles for EURKWD

long term up The long-term trend has been UP since Aug 5th, 2024 at 0.33485

intermediate term down The intermediate-term trend has been DOWN since Oct 4th, 2024 at 0.33623

short term up The short-term trend has been UP since Oct 30th, 2024 at 0.33190

Smart Scan Analysis for EURKWD

Based on our trend formula, EURKWD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for EURKWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.33348 0.33348 0.33219 0.33221 -0.00127
Prev. Close Volume Bid Ask Time
0.33330 2024-11-01 17:56:24
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