Forex Trend Analysis Report
Prepared for you on Friday, November 17, 2017.
Kuwaiti Dinar/United Arab Emirates Dirham (FOREX:KWDAED)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management 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.
MarketClub’s Trade Triangles for KWDAED
The long term trend has been UP since Apr 27th, 2017 at 12.1045
The intermediate term trend has been DOWN since Nov 12th, 2017 at 12.1180
The short term trend has been UP since Nov 13th, 2017 at 12.1545
Smart Scan Analysis for KWDAED
Based on a pre-defined weighted trend formula for chart analysis, KWDAED scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).