Forex Trend Analysis Report
Prepared for you on Saturday, September 23, 2017.
Kuwaiti Dinar/US Dollar (FOREX:KWDUSD)
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.
MarketClub’s Trade Triangles for KWDUSD
The long term trend has been UP since Mar 20th, 2017 at 3.28675
The intermediate term trend has been DOWN since Sep 21st, 2017 at 3.31375
The short term trend has been DOWN since Sep 21st, 2017 at 3.31475
Smart Scan Analysis for KWDUSD
Based on a pre-defined weighted trend formula for chart analysis, KWDUSD scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).