Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Sunday, December 9, 2018.

Euro/Saudi Arabian Riyal (FOREX:EURSAR)

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.

FOREX_EURSAR
Open High Low EURSAR Price Change
4.2791 4.2791 4.2791 4.2791 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURSAR

long term down The long term trend has been DOWN since May 1st, 2018 at 4.52395

intermediate term down The intermediate term trend has been DOWN since Oct 2nd, 2018 at 4.32530

short term down The short term trend has been DOWN since Dec 5th, 2018 at 4.24540

Smart Scan Analysis for EURSAR

Based on a pre-defined weighted trend formula for chart analysis, EURSAR scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-80
Smart Scan Analysis for EURSAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.2791 4.2791 4.2791 4.2791 0.0000
Prev. Close Volume Bid Ask Time
4.2791 4.2743 4.2839 2018-12-09 04:10:59
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