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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Saudi Arabian Riyal/Kuwaiti Dinar (FOREX:SARKWD)

Countertrend Up (+85) - SARKWD 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 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
0.08189950 0.08198325 0.08184780 0.08198325 +0.00008400
Entry Signal

MarketClub’s Trade Triangles for SARKWD

long term up The long-term trend has been UP since Nov 4th, 2024 at 0.08186125

intermediate term up The intermediate-term trend has been UP since Nov 12th, 2024 at 0.08191214

short term down The short-term trend has been DOWN since Nov 19th, 2024 at 0.08181785

Smart Scan Analysis for SARKWD

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

+85
Smart Scan Analysis for SARKWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.08189950 0.08198325 0.08184780 0.08198325 +0.00008400
Prev. Close Volume Bid Ask Time
0.08189950 2024-11-20 03:14:23
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