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Forex Trend Analysis Report

Prepared for you on Wednesday, February 21, 2018.

Kuwaiti Dinar/Danish Krone (FOREX:KWDDKK)

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_KWDDKK
Open High Low KWDDKK Price Change
20.1276 20.1823 20.1276 20.1636 +0.0360
Entry Signal

MarketClub’s Trade Triangles for KWDDKK

long term down The long term trend has been DOWN since Jan 2nd, 2018 at 20.51480

intermediate term down The intermediate term trend has been DOWN since Nov 15th, 2017 at 20.84805

short term up The short term trend has been UP since Feb 20th, 2018 at 20.09435

Smart Scan Analysis for KWDDKK

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

-55
Smart Scan Analysis for KWDDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
20.1276 20.1823 20.1276 20.1636 +0.0360
Prev. Close Volume Bid Ask Time
20.1276 20.0947 20.2325 2018-02-21 13:50:59
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