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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

Canadian Dollar/Saudi Arabian Riyal (FOREX:CADSAR)

Sidelines Mode (+55) - CADSAR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid CADSAR?

MarketClub looks at technical strength and momentum to determine if the timing is right for CADSAR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CADSAR
Open High Low CADSAR Price Change
2.7689415 2.7689415 2.7645340 2.7645340 -0.0044080
Entry Signal

MarketClub’s Trade Triangles for CADSAR

long term up The long-term trend has been UP since Dec 14th, 2023 at 2.8001812

intermediate term up The intermediate-term trend has been UP since Mar 8th, 2024 at 2.7920527

short term down The short-term trend has been DOWN since Mar 12th, 2024 at 2.7759785

Smart Scan Analysis for CADSAR

Based on our trend formula, CADSAR is rated as a +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
2.7689415 2.7689415 2.7645340 2.7645340 -0.0044080
Prev. Close Volume Bid Ask Time
2.7689415 2024-03-19 03:53:46
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