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Forex Trend Analysis Report

Prepared for you on Tuesday, December 11, 2018.

Saudi Arabian Riyal/US Dollar (FOREX:SARUSD)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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
0.266540 0.266660 0.265425 0.266535 -0.000005
Entry Signal

MarketClub’s Trade Triangles for SARUSD

long term up The long term trend has been UP since Aug 24th, 2018 at 0.26764

intermediate term down The intermediate term trend has been DOWN since Nov 20th, 2018 at 0.26621

short term down The short term trend has been DOWN since Dec 10th, 2018 at 0.26637

Smart Scan Analysis for SARUSD

Based on a pre-defined weighted trend formula for chart analysis, SARUSD scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for SARUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.266540 0.266660 0.265425 0.266535 -0.000005
Prev. Close Volume Bid Ask Time
0.266540 0.266220 0.266850 2018-12-11 22:51:00
Want to analyze Saudi Arabian Riyal/US Dollar SARUSD or another symbol? Try our Free Forex Trend Analysis Report.