Forex Trend Analysis Report
Prepared for you on Saturday, April 21, 2018.
Kuwaiti Dinar/Danish Krone (FOREX:KWDDKK)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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.
MarketClub’s Trade Triangles for KWDDKK
The long term trend has been DOWN since Jan 2nd, 2018 at 20.51480
The intermediate term trend has been UP since Apr 5th, 2018 at 20.27225
The short term trend has been UP since Apr 20th, 2018 at 20.13430
Smart Scan Analysis for KWDDKK
Based on a pre-defined weighted trend formula for chart analysis, KWDDKK scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).