Forex Trend Analysis Report
Prepared for you on Saturday, April 20, 2019.
US Dollar/Kuwaiti Dinar (FOREX:USDKWD)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 USDKWD
The long term trend has been UP since Nov 9th, 2018 at 0.3041
The intermediate term trend has been UP since Mar 29th, 2019 at 0.3043
The short term trend has been UP since Apr 17th, 2019 at 0.3042
Smart Scan Analysis for USDKWD
Based on a pre-defined weighted trend formula for chart analysis, USDKWD scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).