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Forex Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

Saudi Arabian Riyal/Kuwaiti Dinar (FOREX:SARKWD)

Bull Market Weakness (+75) - SARKWD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SARKWD as it may be in the beginning stages of a reversal.

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

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

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

FOREX_SARKWD
Open High Low SARKWD Price Change
0.08219150 0.08225053 0.08201640 0.08214921 -0.00004200
Entry Signal

MarketClub’s Trade Triangles for SARKWD

long term down The long-term trend has been DOWN since Dec 13th, 2023 at 0.08177589

intermediate term up The intermediate-term trend has been UP since Feb 14th, 2024 at 0.08227409

short term up The short-term trend has been UP since Apr 11th, 2024 at 0.08207909

Smart Scan Analysis for SARKWD

Based on our trend formula, SARKWD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for SARKWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.08219150 0.08225053 0.08201640 0.08214921 -0.00004200
Prev. Close Volume Bid Ask Time
0.08219150 2024-04-23 13:11:49
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