Forex Trend Analysis Report
Prepared for you on Friday, October 23, 2020.
Euro/Kuwaiti Dinar (FOREX:EURKWD)
Strong Uptrend (+100) - EURKWD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, EURKWD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 UP since Mar 2nd, 2020 at 0.34071
The intermediate-term trend has been UP since Oct 20th, 2020 at 0.36202
The short-term trend has been UP since Oct 19th, 2020 at 0.35986
Smart Scan Analysis for EURKWD
Based on our trend formula, EURKWD is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).