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Forex Trend Analysis Report

Prepared for you on Wednesday, May 15, 2024.

Saudi Arabian Riyal/Kuwaiti Dinar (FOREX:SARKWD)

Weak Downtrend (-65) - SARKWD is showing signs of a strengthening downtrend. Monitor SARKWD as it may be building momentum to the downside.

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.

FOREX_SARKWD
Open High Low SARKWD Price Change
0.08198490 0.08200165 0.08187907 0.08187907 -0.00010600
Entry Signal

MarketClub’s Trade Triangles for SARKWD

long term up The long-term trend has been UP since May 1st, 2024 at 0.08235031

intermediate term down The intermediate-term trend has been DOWN since May 3rd, 2024 at 0.08189151

short term down The short-term trend has been DOWN since May 13th, 2024 at 0.08194127

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).

-70
Smart Scan Analysis for SARKWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.08198490 0.08200165 0.08187907 0.08187907 -0.00010600
Prev. Close Volume Bid Ask Time
0.08198490 2024-05-15 10:33:54
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