Forex Trend Analysis Report
Prepared for you on Saturday, March 23, 2019.
Kuwaiti Dinar/Icelandic Krona (FOREX:KWDISK)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 KWDISK
The long term trend has been DOWN since Mar 18th, 2019 at 380.990
The intermediate term trend has been DOWN since Mar 13th, 2019 at 390.885
The short term trend has been UP since Mar 21st, 2019 at 386.520
Smart Scan Analysis for KWDISK
Based on a pre-defined weighted trend formula for chart analysis, KWDISK scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).