Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Saturday, May 26, 2018.

US Dollar/Saudi Arabian Riyal (FOREX:USDSAR)

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_USDSAR
Open High Low USDSAR Price Change
3.7518 3.7518 3.7518 3.7518 0.0000
Entry Signal

MarketClub’s Trade Triangles for USDSAR

long term down The long term trend has been DOWN since May 24th, 2018 at 3.73930

intermediate term down The intermediate term trend has been DOWN since May 13th, 2018 at 3.74500

short term down The short term trend has been DOWN since May 24th, 2018 at 3.74765

Smart Scan Analysis for USDSAR

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

-80
Smart Scan Analysis for USDSAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.7518 3.7518 3.7518 3.7518 0.0000
Prev. Close Volume Bid Ask Time
3.7518 3.7502 3.7534 2018-05-26 07:40:33
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