Forex Trend Analysis Report
Prepared for you on Wednesday, November 29, 2023.
Kuwaiti Dinar/Euro (FOREX:KWDEUR)
Crossroads (-60) - KWDEUR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
MarketClub’s Trade Triangles for KWDEUR
The long-term trend has been UP since Sep 20th, 2023 at 3.0450952
The intermediate-term trend has been DOWN since Oct 24th, 2023 at 3.0433344
The short-term trend has been DOWN since Nov 14th, 2023 at 3.0257463
Smart Scan Analysis for KWDEUR
Based on our trend formula, KWDEUR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).