Forex Trend Analysis Report
Prepared for you on Tuesday, January 22, 2019.
Kuwaiti Dinar/Icelandic Krona (FOREX:KWDISK)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 KWDISK
The long term trend has been UP since May 8th, 2018 at 341.40965
The intermediate term trend has been UP since Jan 14th, 2019 at 398.06000
The short term trend has been DOWN since Jan 22nd, 2019 at 397.86000
Smart Scan Analysis for KWDISK
Based on a pre-defined weighted trend formula for chart analysis, KWDISK scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).