Forex Trend Analysis Report
Prepared for you on Thursday, October 28, 2021.
Saudi Arabian Riyal/Kuwaiti Dinar (FOREX:SARKWD)
Bull Market Weakness (+75) - SARKWD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on 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 Sep 13th, 2021 at 0.08054491
The intermediate-term trend has been UP since Sep 23rd, 2021 at 0.08056589
The short-term trend has been UP since Oct 27th, 2021 at 0.08047311
Smart Scan Analysis for SARKWD
Based on our trend formula, SARKWD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).