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Forex Trend Analysis Report

Prepared for you on Saturday, December 16, 2017.

Canadian Dollar/Saudi Arabian Riyal (FOREX:CADSAR)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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
2.9414 2.9442 2.9096 2.9096 -0.0318
Entry Signal

MarketClub’s Trade Triangles for CADSAR

long term up The long term trend has been UP since Jun 14th, 2017 at 2.8353

intermediate term up The intermediate term trend has been UP since Dec 4th, 2017 at 2.9597

short term down The short term trend has been DOWN since Dec 15th, 2017 at 2.9110

Smart Scan Analysis for CADSAR

Based on a pre-defined weighted trend formula for chart analysis, CADSAR scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for CADSAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.9414 2.9442 2.9096 2.9096 -0.0318
Prev. Close Volume Bid Ask Time
2.9414 2.9063 2.9129 2017-12-15 15:57:46
Want to analyze Canadian Dollar/Saudi Arabian Riyal CADSAR or another symbol? Try our Free Forex Trend Analysis Report.