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Forex Trend Analysis Report

Prepared for you on Thursday, April 19, 2018.

Euro/Saudi Arabian Riyal (FOREX:EURSAR)

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_EURSAR
Open High Low EURSAR Price Change
4.64340 4.64985 4.64160 4.64585 +0.00245
Entry Signal

MarketClub’s Trade Triangles for EURSAR

long term up The long term trend has been UP since Jan 2nd, 2018 at 4.51170

intermediate term down The intermediate term trend has been DOWN since Apr 5th, 2018 at 4.59100

short term up The short term trend has been UP since Apr 16th, 2018 at 4.64035

Smart Scan Analysis for EURSAR

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

+75
Smart Scan Analysis for EURSAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.64340 4.64985 4.64160 4.64585 +0.00245
Prev. Close Volume Bid Ask Time
4.6434 4.64300 4.64870 2018-04-19 05:39:30
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