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Forex Trend Analysis Report

Prepared for you on Monday, October 22, 2018.

Canadian Dollar/Kuwaiti Dinar (FOREX:CADKWD)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_CADKWD
Open High Low CADKWD Price Change
0.23143 0.23171 0.23143 0.23171 +0.00028
Entry Signal

MarketClub’s Trade Triangles for CADKWD

long term up The long term trend has been UP since Sep 20th, 2018 at 0.234785

intermediate term down The intermediate term trend has been DOWN since Oct 18th, 2018 at 0.231685

short term down The short term trend has been DOWN since Oct 17th, 2018 at 0.232385

Smart Scan Analysis for CADKWD

Based on a pre-defined weighted trend formula for chart analysis, CADKWD scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for CADKWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.23143 0.23171 0.23143 0.23171 +0.00028
Prev. Close Volume Bid Ask Time
0.23143 0.23133 0.23209 2018-10-22 01:11:11
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