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.
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 DOWN since Nov 15th, 2017 at 20.84805
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).