Forex Trend Analysis Report
Prepared for you on Sunday, February 28, 2021.
South African Rand/Kuwaiti Dinar (FOREX:ZARKWD)
Crossroads (-60) - ZARKWD 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 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.
MarketClub’s Trade Triangles for ZARKWD
The long-term trend has been UP since Apr 27th, 2020 at 0.01649867
The intermediate-term trend has been DOWN since Feb 26th, 2021 at 0.02001707
The short-term trend has been DOWN since Feb 25th, 2021 at 0.02031613
Smart Scan Analysis for ZARKWD
Based on our trend formula, ZARKWD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).