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Forex Trend Analysis Report

Prepared for you on Sunday, December 9, 2018.

Saudi Arabian Riyal/Kuwaiti Dinar (FOREX:SARKWD)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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.

FOREX_SARKWD
Open High Low SARKWD Price Change
0.081045 0.081045 0.081045 0.081045 0.000000
Entry Signal

MarketClub’s Trade Triangles for SARKWD

long term up The long term trend has been UP since Aug 10th, 2018 at 0.080945

intermediate term down The intermediate term trend has been DOWN since Nov 20th, 2018 at 0.080830

short term down The short term trend has been DOWN since Dec 4th, 2018 at 0.080990

Smart Scan Analysis for SARKWD

Based on a pre-defined weighted trend formula for chart analysis, SARKWD scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for SARKWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.081045 0.081045 0.081045 0.081045 0.000000
Prev. Close Volume Bid Ask Time
0.081045 0.080950 0.081140 2018-12-09 20:46:52
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