Forex Trend Analysis Report
Prepared for you on Tuesday, July 17, 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 UP since May 1st, 2018 at 20.51665
The intermediate term trend has been DOWN since Jul 9th, 2018 at 20.95000
The short term trend has been DOWN since Jul 17th, 2018 at 21.00300
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).