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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

Kuwaiti Dinar/Euro (FOREX:KWDEUR)

Sidelines Mode (-55) - KWDEUR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.

FOREX_KWDEUR
Open High Low KWDEUR Price Change
2.9914414 2.9984378 2.9914414 2.9984378 +0.0069960
Entry Signal

MarketClub’s Trade Triangles for KWDEUR

long term down The long-term trend has been DOWN since Dec 27th, 2023 at 2.9464015

intermediate term down The intermediate-term trend has been DOWN since Mar 6th, 2024 at 2.9918889

short term up The short-term trend has been UP since Mar 14th, 2024 at 2.9823414

Smart Scan Analysis for KWDEUR

Based on our trend formula, KWDEUR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for KWDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.9914414 2.9984378 2.9914414 2.9984378 +0.0069960
Prev. Close Volume Bid Ask Time
2.9914414 2024-03-19 05:02:43
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