Forex Trend Analysis Report
Prepared for you on Sunday, January 23, 2022.
Saudi Arabian Riyal/Kuwaiti Dinar (FOREX:SARKWD)
Long-Term Uptrend (+90) - SARKWD is in a strong uptrend that is likely to continue. While SARKWD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 Jan 21st, 2022 at 0.08074895
The short-term trend has been UP since Jan 18th, 2022 at 0.08061867
Smart Scan Analysis for SARKWD
Based on our trend formula, SARKWD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).