Forex Trend Analysis Report
Prepared for you on Sunday, March 7, 2021.
Euro/Kuwaiti Dinar (FOREX:EURKWD)
Long-Term Downtrend (-90) - EURKWD is in a strong downtrend that is likely to continue. While EURKWD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for EURKWD
The long-term trend has been DOWN since Mar 4th, 2021 at 0.36223
The intermediate-term trend has been DOWN since Mar 4th, 2021 at 0.36290
The short-term trend has been DOWN since Feb 26th, 2021 at 0.36699
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).