Forex Trend Analysis Report
Prepared for you on Monday, January 30, 2023.
Euro/Kuwaiti Dinar (FOREX:EURKWD)
Countertrend Up (+85) - EURKWD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score 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.
MarketClub’s Trade Triangles for EURKWD
The long-term trend has been UP since Nov 11th, 2022 at 0.31735
The intermediate-term trend has been UP since Jan 9th, 2023 at 0.32745
The short-term trend has been DOWN since Jan 27th, 2023 at 0.33165
Smart Scan Analysis for EURKWD
Based on our trend formula, EURKWD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).