Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Sunday, August 19, 2018.

Saudi Arabian Riyal/US Dollar (FOREX:SARUSD)

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_SARUSD
Open High Low SARUSD Price Change
0.26662 0.26677 0.26649 0.26671 +0.00009
Entry Signal

MarketClub’s Trade Triangles for SARUSD

long term down The long term trend has been DOWN since Aug 1st, 2018 at 0.263430

intermediate term down The intermediate term trend has been DOWN since Jul 20th, 2018 at 0.264625

short term down The short term trend has been DOWN since Aug 15th, 2018 at 0.266400

Smart Scan Analysis for SARUSD

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

-80
Smart Scan Analysis for SARUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.26662 0.26677 0.26649 0.26671 +0.00009
Prev. Close Volume Bid Ask Time
0.26662 0.26640 0.26702 2018-08-17 18:27:35
Want to analyze Saudi Arabian Riyal/US Dollar SARUSD or another symbol? Try our Free Forex Trend Analysis Report.