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Forex Trend Analysis Report

Prepared for you on Thursday, June 21, 2018.

Saudi Arabian Riyal/US Dollar (FOREX:SARUSD)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_SARUSD
Open High Low SARUSD Price Change
0.266695 0.266755 0.266525 0.266635 -0.000060
Entry Signal

MarketClub’s Trade Triangles for SARUSD

long term down The long term trend has been DOWN since Jun 11th, 2018 at 0.263905

intermediate term down The intermediate term trend has been DOWN since Jun 11th, 2018 at 0.264385

short term down The short term trend has been DOWN since Jun 18th, 2018 at 0.264205

Smart Scan Analysis for SARUSD

Based on a pre-defined weighted trend formula for chart analysis, SARUSD scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for SARUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.266695 0.266755 0.266525 0.266635 -0.000060
Prev. Close Volume Bid Ask Time
0.266695 0.266460 0.266810 2018-06-21 10:25:57
Want to analyze Saudi Arabian Riyal/US Dollar SARUSD or another symbol? Try our Free Forex Trend Analysis Report.