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Forex Trend Analysis Report

Prepared for you on Wednesday, July 18, 2018.

US Dollar/Saudi Arabian Riyal (FOREX:USDSAR)

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_USDSAR
Open High Low USDSAR Price Change
3.75030 3.75105 3.74880 3.75095 +0.00065
Entry Signal

MarketClub’s Trade Triangles for USDSAR

long term down The long term trend has been DOWN since Jul 5th, 2018 at 3.73765

intermediate term down The intermediate term trend has been DOWN since Jul 5th, 2018 at 3.74495

short term down The short term trend has been DOWN since Jul 16th, 2018 at 3.74855

Smart Scan Analysis for USDSAR

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

-70
Smart Scan Analysis for USDSAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.75030 3.75105 3.74880 3.75095 +0.00065
Prev. Close Volume Bid Ask Time
3.75030 3.74850 3.75340 2018-07-18 04:32:50
Want to analyze US Dollar/Saudi Arabian Riyal USDSAR or another symbol? Try our Free Forex Trend Analysis Report.