Forex Trend Analysis Report
Prepared for you on Saturday, May 30, 2020.
Euro/Kuwaiti Dinar (FOREX:EURKWD)
Long-Term Uptrend (+90) - EURKWD is in a strong uptrend that is likely to continue. While EURKWD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution 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 Mar 2nd, 2020 at 0.34071
The intermediate-term trend has been UP since May 20th, 2020 at 0.33882
The short-term trend has been UP since May 26th, 2020 at 0.33947
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).