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Forex Trend Analysis Report

Prepared for you on Tuesday, November 29, 2022.

Kuwaiti Dinar/Euro (FOREX:KWDEUR)

Long-Term Downtrend (-90) - KWDEUR is in a strong downtrend that is likely to continue. While KWDEUR 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 KWDEUR?

MarketClub looks at technical strength and momentum to determine if the timing is right for KWDEUR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_KWDEUR
Open High Low KWDEUR Price Change
3.1321759 3.1400441 3.1304110 3.1337464 +0.0015710
Entry Signal

MarketClub’s Trade Triangles for KWDEUR

long term down The long-term trend has been DOWN since Nov 11th, 2022 at 3.1511263

intermediate term down The intermediate-term trend has been DOWN since Oct 25th, 2022 at 3.2359657

short term down The short-term trend has been DOWN since Nov 23rd, 2022 at 3.1278652

Smart Scan Analysis for KWDEUR

Based on our trend formula, KWDEUR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for KWDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.1321759 3.1400441 3.1304110 3.1337464 +0.0015710
Prev. Close Volume Bid Ask Time
3.1321759 2022-11-29 05:47:57
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