Forex Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

South African Rand/Kuwaiti Dinar (FOREX:ZARKWD)

Countertrend Up (+85) - ZARKWD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid ZARKWD?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZARKWD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open	High	Low	ZARKWD Price	Change
0.01655955	0.01664952	0.01653496	0.01664952	+0.00009000
Entry Signal

MarketClub’s Trade Triangles for ZARKWD

The long-term trend has been UP since May 6th, 2024 at 0.01666580

The intermediate-term trend has been UP since May 5th, 2024 at 0.01661645

The short-term trend has been DOWN since May 8th, 2024 at 0.01654899

Smart Scan Analysis for ZARKWD

Based on our trend formula, ZARKWD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.01655955	0.01664952	0.01653496	0.01664952	+0.00009000
Prev. Close	Volume	Bid	Ask	Time
0.01655955				2024-05-09 09:53:15

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