Forex Trend Analysis Report
Prepared for you on Saturday, December 7, 2019.
Canadian Dollar/Kuwaiti Dinar (FOREX:CADKWD)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. 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.
MarketClub’s Trade Triangles for CADKWD
The long term trend has been UP since Jun 26th, 2019 at 0.23130000
The intermediate term trend has been UP since Dec 5th, 2019 at 0.23050359
The short term trend has been UP since Dec 4th, 2019 at 0.22916212
Smart Scan Analysis for CADKWD
Based on a pre-defined weighted trend formula for chart analysis, CADKWD scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).