Forex Trend Analysis Report
Prepared for you on Sunday, November 19, 2017.
Kuwaiti Dinar/Norwegian Krone (FOREX:KWDNOK)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. 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.
MarketClub’s Trade Triangles for KWDNOK
The long term trend has been UP since Nov 14th, 2017 at 27.18175
The intermediate term trend has been UP since Sep 14th, 2017 at 26.24450
The short term trend has been UP since Nov 14th, 2017 at 27.04875
Smart Scan Analysis for KWDNOK
Based on a pre-defined weighted trend formula for chart analysis, KWDNOK scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).