Forex Trend Analysis Report
Prepared for you on Tuesday, March 20, 2018.
Saudi Arabian Riyal/US Dollar (FOREX:SARUSD)
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.
MarketClub’s Trade Triangles for SARUSD
The long term trend has been DOWN since Feb 7th, 2018 at 0.266190
The intermediate term trend has been UP since Feb 26th, 2018 at 0.266795
The short term trend has been DOWN since Mar 16th, 2018 at 0.266515
Smart Scan Analysis for SARUSD
Based on a pre-defined weighted trend formula for chart analysis, SARUSD scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).