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Forex Trend Analysis Report

Prepared for you on Thursday, October 18, 2018.

Kuwaiti Dinar/Norwegian Krone (FOREX:KWDNOK)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_KWDNOK
Open High Low KWDNOK Price Change
27.0990 27.1110 27.0930 27.0965 -0.0025
Entry Signal

MarketClub’s Trade Triangles for KWDNOK

long term up The long term trend has been UP since May 1st, 2018 at 26.7837

intermediate term up The intermediate term trend has been UP since Oct 8th, 2018 at 27.2815

short term up The short term trend has been UP since Oct 17th, 2018 at 27.0320

Smart Scan Analysis for KWDNOK

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

+100
Smart Scan Analysis for KWDNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
27.0990 27.1110 27.0930 27.0965 -0.0025
Prev. Close Volume Bid Ask Time
27.0990 26.9970 27.1960 2018-10-18 04:53:55
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