Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Monday, November 19, 2018.

Canadian Dollar/Saudi Arabian Riyal (FOREX:CADSAR)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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.

Open High Low CADSAR Price Change
2.84955 2.85330 2.84855 2.84990 +0.00035
Entry Signal

MarketClub’s Trade Triangles for CADSAR

long term down The long term trend has been DOWN since Nov 12th, 2018 at 2.83615

intermediate term down The intermediate term trend has been DOWN since Oct 18th, 2018 at 2.86755

short term up The short term trend has been UP since Nov 15th, 2018 at 2.84320

Smart Scan Analysis for CADSAR

Based on a pre-defined weighted trend formula for chart analysis, CADSAR scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for CADSAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.84955 2.85330 2.84855 2.84990 +0.00035
Prev. Close Volume Bid Ask Time
2.84955 2.84800 2.85180 2018-11-19 06:02:51
Want to analyze Canadian Dollar/Saudi Arabian Riyal CADSAR or another symbol? Try our Free Forex Trend Analysis Report.