Forex Trend Analysis Report
Prepared for you on Thursday, September 20, 2018.
Kuwaiti Dinar/US Dollar (FOREX:KWDUSD)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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.
MarketClub’s Trade Triangles for KWDUSD
The long term trend has been DOWN since May 1st, 2018 at 3.32155
The intermediate term trend has been DOWN since Sep 2nd, 2018 at 3.29270
The short term trend has been DOWN since Sep 16th, 2018 at 3.29990
Smart Scan Analysis for KWDUSD
Based on a pre-defined weighted trend formula for chart analysis, KWDUSD scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).