Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, April 3, 2020.

Canadian Dollar/Saudi Arabian Riyal (FOREX:CADSAR)

Strong Downtrend (-100) - CADSAR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid CADSAR?

MarketClub looks at technical strength and momentum to determine if the timing is right for CADSAR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CADSAR
Open High Low CADSAR Price Change
2.6572043 2.6652012 2.6468404 2.6468404 -0.0103640
Entry Signal

MarketClub’s Trade Triangles for CADSAR

long term down The long-term trend has been DOWN since Feb 10th, 2020 at 2.8148314

intermediate term down The intermediate-term trend has been DOWN since Jan 22nd, 2020 at 2.8637850

short term down The short-term trend has been DOWN since Mar 31st, 2020 at 2.6455152

Smart Scan Analysis for CADSAR

Based on our trend formula, CADSAR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for CADSAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.6572043 2.6652012 2.6468404 2.6468404 -0.0103640
Prev. Close Volume Bid Ask Time
2.6572043 2.6435831 2.6500977 2020-04-03 17:10:32
Get a free daily analysis and signals for Canadian Dollar/Saudi Arabian Riyal (CADSAR) - Request Your Free Report.