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Forex Trend Analysis Report

Prepared for you on Wednesday, July 18, 2018.

Kuwaiti Dinar/Norwegian Krone (FOREX:KWDNOK)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight 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.

FOREX_KWDNOK
Open High Low KWDNOK Price Change
26.9830 27.0680 26.9205 26.9205 -0.0625
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 down The intermediate term trend has been DOWN since Jun 11th, 2018 at 26.5697

short term up The short term trend has been UP since Jul 18th, 2018 at 26.9480

Smart Scan Analysis for KWDNOK

Based on a pre-defined weighted trend formula for chart analysis, KWDNOK scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for KWDNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
26.9830 27.0680 26.9205 26.9205 -0.0625
Prev. Close Volume Bid Ask Time
26.9830 26.8220 27.0190 2018-07-18 13:51:39
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