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Forex Trend Analysis Report

Prepared for you on Sunday, September 8, 2024.

Canadian Dollar/Saudi Arabian Riyal (FOREX:CADSAR)

Bull Market Weakness (+75) - CADSAR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CADSAR as it may be in the beginning stages of a reversal.

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
2.7648661 2.7648661 2.7648661 2.7648661 0.0000000
Entry Signal

MarketClub’s Trade Triangles for CADSAR

long term up The long-term trend has been UP since Aug 21st, 2024 at 2.7593522

intermediate term up The intermediate-term trend has been UP since Aug 12th, 2024 at 2.7351607

short term up The short-term trend has been UP since Sep 6th, 2024 at 2.7805722

Smart Scan Analysis for CADSAR

Based on our trend formula, CADSAR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for CADSAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.7648661 2.7648661 2.7648661 2.7648661 0.0000000
Prev. Close Volume Bid Ask Time
2.7648661 2024-09-07 04:49:22
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