Forex Trend Analysis Report
Prepared for you on Tuesday, December 11, 2018.
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 DOWN since May 2nd, 2018 at 12.1855
The intermediate term trend has been UP since Dec 2nd, 2018 at 12.0995
The short term trend has been UP since Dec 11th, 2018 at 12.0950
Smart Scan Analysis for KWDAED
Based on a pre-defined weighted trend formula for chart analysis, KWDAED scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).