Forex Trend Analysis Report
Prepared for you on Saturday, February 23, 2019.
Kuwaiti Dinar/Danish Krone (FOREX:KWDDKK)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 KWDDKK
The long term trend has been UP since May 1st, 2018 at 20.51665
The intermediate term trend has been UP since Jan 24th, 2019 at 21.70850
The short term trend has been DOWN since Feb 18th, 2019 at 21.67700
Smart Scan Analysis for KWDDKK
Based on a pre-defined weighted trend formula for chart analysis, KWDDKK scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).