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.
MarketClub’s Trade Triangles for KWDEUR
The long-term trend has been DOWN since Nov 11th, 2022 at 3.1511263
The intermediate-term trend has been DOWN since Oct 25th, 2022 at 3.2359657
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).