Forex Trend Analysis Report
Prepared for you on Saturday, December 9, 2023.
Saudi Arabian Riyal/Kuwaiti Dinar (FOREX:SARKWD)
Weak Uptrend (+65) - SARKWD is showing signs of weakening momentum to the upside. Monitor 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.
MarketClub’s Trade Triangles for SARKWD
The long-term trend has been UP since Mar 10th, 2023 at 0.08230213
The intermediate-term trend has been UP since Dec 4th, 2023 at 0.08240925
The short-term trend has been DOWN since Dec 5th, 2023 at 0.08213551
Smart Scan Analysis for SARKWD
Based on our trend formula, SARKWD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).