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Forex Trend Analysis Report

Prepared for you on Monday, January 21, 2019.

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.

Open High Low USDSAR Price Change
3.75080 3.75360 3.74890 3.75085 +0.00005
Entry Signal

MarketClub’s Trade Triangles for USDSAR

long term down The long term trend has been DOWN since Aug 24th, 2018 at 3.73640

intermediate term down The intermediate term trend has been DOWN since Jan 1st, 2019 at 3.73970

short term up The short term trend has been UP since Jan 14th, 2019 at 3.75355

Smart Scan Analysis for USDSAR

Based on a pre-defined weighted trend formula for chart analysis, USDSAR scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for USDSAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.75080 3.75360 3.74890 3.75085 +0.00005
Prev. Close Volume Bid Ask Time
3.75080 3.74710 3.75460 2019-01-21 16:38:20
Want to analyze US Dollar/Saudi Arabian Riyal USDSAR or another symbol? Try our Free Forex Trend Analysis Report.