Forex Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

South African Rand/Kuwaiti Dinar (FOREX:ZARKWD)

Bear Market Rally (-75) - ZARKWD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ZARKWD as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid ZARKWD?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZARKWD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open	High	Low	ZARKWD Price	Change
0.01602961	0.01624957	0.01601594	0.01620359	+0.00017400
Entry Signal

MarketClub’s Trade Triangles for ZARKWD

The long-term trend has been DOWN since Oct 3rd, 2023 at 0.01598486

The intermediate-term trend has been DOWN since Apr 18th, 2024 at 0.01611464

The short-term trend has been UP since Apr 25th, 2024 at 0.01614996

Smart Scan Analysis for ZARKWD

Based on our trend formula, ZARKWD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.01602961	0.01624957	0.01601594	0.01620359	+0.00017400
Prev. Close	Volume	Bid	Ask	Time
0.01602961				2024-04-25 08:35:19

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