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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.

FOREX_KWDEUR
Open High Low KWDEUR Price Change
2.9490952 2.9567687 2.9478781 2.9548466 +0.0057510
Entry Signal

MarketClub’s Trade Triangles for KWDEUR

long term up The long-term trend has been UP since Sep 20th, 2023 at 3.0450952

intermediate term down The intermediate-term trend has been DOWN since Oct 24th, 2023 at 3.0433344

short term down 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).

-60
Smart Scan Analysis for KWDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.9490952 2.9567687 2.9478781 2.9548466 +0.0057510
Prev. Close Volume Bid Ask Time
2.9490952 2023-11-29 13:28:46
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