Forex Trend Analysis Report
Prepared for you on Friday, March 31, 2023.
Saudi Arabian Riyal/Kuwaiti Dinar (FOREX:SARKWD)
Sidelines Mode (-55) - SARKWD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 DOWN since Mar 13th, 2023 at 0.08130395
The short-term trend has been UP since Mar 27th, 2023 at 0.08165434
Smart Scan Analysis for SARKWD
Based on our trend formula, SARKWD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).