Forex Trend Analysis Report
Prepared for you on Wednesday, March 20, 2019.
Kuwaiti Dinar/US Dollar (FOREX:KWDUSD)
Smart Scan Chart Analysis indicates that the downward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range 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 KWDUSD
The long term trend has been UP since Jan 31st, 2019 at 3.31395
The intermediate term trend has been DOWN since Feb 11th, 2019 at 3.29165
The short term trend has been DOWN since Mar 18th, 2019 at 3.28955
Smart Scan Analysis for KWDUSD
Based on a pre-defined weighted trend formula for chart analysis, KWDUSD scored -50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).