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Forex Trend Analysis Report

Prepared for you on Wednesday, October 17, 2018.

Kuwaiti Dinar/United Arab Emirates Dirham (FOREX:KWDAED)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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_KWDAED
Open High Low KWDAED Price Change
12.1185 12.1340 12.1115 12.1245 +0.0060
Entry Signal

MarketClub’s Trade Triangles for KWDAED

long term down The long term trend has been DOWN since May 2nd, 2018 at 12.1855

intermediate term down The intermediate term trend has been DOWN since Sep 28th, 2018 at 12.1095

short term up The short term trend has been UP since Oct 11th, 2018 at 12.1315

Smart Scan Analysis for KWDAED

Based on a pre-defined weighted trend formula for chart analysis, KWDAED scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for KWDAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
12.1185 12.1340 12.1115 12.1245 +0.0060
Prev. Close Volume Bid Ask Time
12.1185 12.1170 12.1320 2018-10-17 20:16:46
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