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Forex Trend Analysis Report

Prepared for you on Saturday, April 21, 2018.

Kuwaiti Dinar/Norwegian Krone (FOREX:KWDNOK)

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.

Open High Low KWDNOK Price Change
25.96450 26.11165 25.95640 26.05570 +0.09120
Entry Signal

MarketClub’s Trade Triangles for KWDNOK

long term down The long term trend has been DOWN since Jan 18th, 2018 at 26.01440

intermediate term up The intermediate term trend has been UP since Mar 28th, 2018 at 26.19095

short term up The short term trend has been UP since Apr 20th, 2018 at 25.97595

Smart Scan Analysis for KWDNOK

Based on a pre-defined weighted trend formula for chart analysis, KWDNOK scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for KWDNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
25.96450 26.11165 25.95640 26.05570 +0.09120
Prev. Close Volume Bid Ask Time
25.96450 25.95890 26.15250 2018-04-20 14:34:55
Want to analyze Kuwaiti Dinar/Norwegian Krone KWDNOK or another symbol? Try our Free Forex Trend Analysis Report.