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Forex Trend Analysis Report

Prepared for you on Sunday, September 23, 2018.

Canadian Dollar/Saudi Arabian Riyal (FOREX:CADSAR)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight 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_CADSAR
Open High Low CADSAR Price Change
2.9059 2.9059 2.9034 2.9034 -0.0025
Entry Signal

MarketClub’s Trade Triangles for CADSAR

long term down The long term trend has been DOWN since Mar 5th, 2018 at 2.90325

intermediate term up The intermediate term trend has been UP since Sep 13th, 2018 at 2.91390

short term up The short term trend has been UP since Sep 18th, 2018 at 2.88870

Smart Scan Analysis for CADSAR

Based on a pre-defined weighted trend formula for chart analysis, CADSAR scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for CADSAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.9059 2.9059 2.9034 2.9034 -0.0025
Prev. Close Volume Bid Ask Time
2.9059 2.9001 2.9067 2018-09-22 04:15:30
Want to analyze Canadian Dollar/Saudi Arabian Riyal CADSAR or another symbol? Try our Free Forex Trend Analysis Report.