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Forex Trend Analysis Report

Prepared for you on Tuesday, January 23, 2018.

Kuwaiti Dinar/Norwegian Krone (FOREX:KWDNOK)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend 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
26.12180 26.18595 26.09520 26.15955 +0.03775
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 down The intermediate term trend has been DOWN since Dec 29th, 2017 at 27.20705

short term down The short term trend has been DOWN since Jan 10th, 2018 at 26.67175

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).

-90
Smart Scan Analysis for KWDNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
26.12180 26.18595 26.09520 26.15955 +0.03775
Prev. Close Volume Bid Ask Time
26.12180 26.06250 26.25660 2018-01-22 13:14:21
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