Forex Trend Analysis Report
Prepared for you on Saturday, November 18, 2017.
Kuwaiti Dinar/US Dollar (FOREX:KWDUSD)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 Nov 7th, 2017 at 3.30250
The intermediate term trend has been DOWN since Sep 21st, 2017 at 3.31375
The short term trend has been UP since Nov 9th, 2017 at 3.30920
Smart Scan Analysis for KWDUSD
Based on a pre-defined weighted trend formula for chart analysis, KWDUSD scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).