Forex Trend Analysis Report
Prepared for you on Sunday, May 31, 2020.
Saudi Arabian Riyal/Kuwaiti Dinar (FOREX:SARKWD)
Crossroads (-60) - SARKWD is struggling to move into a solid trend. Beware of choppy markets 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 Feb 10th, 2020 at 0.08115018
The intermediate-term trend has been DOWN since May 4th, 2020 at 0.08194302
The short-term trend has been DOWN since May 28th, 2020 at 0.08208909
Smart Scan Analysis for SARKWD
Based on our trend formula, SARKWD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).