Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Saudi Arabian Riyal/Kuwaiti Dinar (FOREX:SARKWD)
Countertrend Down (-85) - SARKWD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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.
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MarketClub’s Trade Triangles for SARKWD
The long-term trend has been DOWN since May 22nd, 2024 at 0.08168721
The intermediate-term trend has been DOWN since Jul 7th, 2024 at 0.08154877
The short-term trend has been UP since Jul 25th, 2024 at 0.08155828
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.08150833 | 0.08160771 | 0.08148051 | 0.08148051 | -0.00002800 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.08150833 | 2024-07-26 10:21:13 |