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Forex Trend Analysis Report

Prepared for you on Tuesday, January 22, 2019.

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
2.8174 2.8174 2.8075 2.8132 -0.0042
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 up The intermediate term trend has been UP since Jan 7th, 2019 at 2.80510

short term down The short term trend has been DOWN since Jan 14th, 2019 at 2.82650

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
2.8174 2.8174 2.8075 2.8132 -0.0042
Prev. Close Volume Bid Ask Time
2.8174 2.8099 2.8165 2019-01-22 22:53:12
Want to analyze Canadian Dollar/Saudi Arabian Riyal CADSAR or another symbol? Try our Free Forex Trend Analysis Report.