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Forex Trend Analysis Report

Prepared for you on Friday, February 22, 2019.

Saudi Arabian Riyal/Kuwaiti Dinar (FOREX:SARKWD)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_SARKWD
Open High Low SARKWD Price Change
0.080969 0.081058 0.080891 0.080962 -0.000007
Entry Signal

MarketClub’s Trade Triangles for SARKWD

long term up The long term trend has been UP since Aug 10th, 2018 at 0.080945

intermediate term up The intermediate term trend has been UP since Jan 30th, 2019 at 0.081146

short term down The short term trend has been DOWN since Feb 18th, 2019 at 0.080940

Smart Scan Analysis for SARKWD

Based on a pre-defined weighted trend formula for chart analysis, SARKWD scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for SARKWD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.080969 0.081058 0.080891 0.080962 -0.000007
Prev. Close Volume Bid Ask Time
0.080969 0.080908 0.081016 2019-02-22 13:04:09
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