Forex Trend Analysis Report
Prepared for you on Friday, August 7, 2020.
South African Rand/Kuwaiti Dinar (FOREX:ZARKWD)
Weak Downtrend (-65) - ZARKWD is showing signs of a strengthening downtrend. Monitor ZARKWD as it may be building momentum to the downside.
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 Aug 3rd, 2020 at 0.01794656
The short-term trend has been DOWN since Jul 24th, 2020 at 0.01836482
Smart Scan Analysis for ZARKWD
Based on our trend formula, ZARKWD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).