Forex Trend Analysis Report
Prepared for you on Monday, July 16, 2018.
Kuwaiti Dinar/US Dollar (FOREX:KWDUSD)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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 Jul 13th, 2018 at 3.30080
The short term trend has been UP since Jul 15th, 2018 at 3.30570
Smart Scan Analysis for KWDUSD
Based on a pre-defined weighted trend formula for chart analysis, KWDUSD scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).