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Forex Trend Analysis Report
Prepared for you on Sunday, February 16, 2020.
Kuwaiti Dinar/Euro (FOREX:KWDEUR)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend 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.
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MarketClub’s Trade Triangles for KWDEUR
The long term trend has been UP since Feb 7th, 2020 at 2.9948458
The intermediate term trend has been UP since Jan 19th, 2020 at 2.9717945
The short term trend has been UP since Feb 5th, 2020 at 2.9860818
Smart Scan Analysis for KWDEUR
Based on a pre-defined weighted trend formula for chart analysis, KWDEUR scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.0283120 | 3.0283120 | 3.0208106 | 3.0269370 | -0.0013750 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.0283120 | 3.0177747 | 3.0360992 | 2020-02-14 16:51:04 |