Forex Trend Analysis Report
Prepared for you on Saturday, December 7, 2019.
Kuwaiti Dinar/United Arab Emirates Dirham (FOREX:KWDAED)
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 KWDAED
The long term trend has been DOWN since Aug 25th, 2019 at 12.042500
The intermediate term trend has been DOWN since Nov 27th, 2019 at 12.079610
The short term trend has been UP since Dec 4th, 2019 at 12.103839
Smart Scan Analysis for KWDAED
Based on a pre-defined weighted trend formula for chart analysis, KWDAED scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).