Forex Trend Analysis Report
Prepared for you on Thursday, September 20, 2018.
Saudi Arabian Riyal/Kuwaiti Dinar (FOREX:SARKWD)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines 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 SARKWD
The long term trend has been UP since Aug 10th, 2018 at 0.080945
The intermediate term trend has been UP since Sep 17th, 2018 at 0.080889
The short term trend has been DOWN since Sep 20th, 2018 at 0.080645
Smart Scan Analysis for SARKWD
Based on a pre-defined weighted trend formula for chart analysis, SARKWD scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).