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Forex Trend Analysis Report

Prepared for you on Monday, October 25, 2021.

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
3.0336685 3.0395612 3.0268801 3.0275896 -0.0060790
Entry Signal

MarketClub’s Trade Triangles for CADSAR

long term up The long-term trend has been UP since Oct 19th, 2021 at 3.0460749

intermediate term up The intermediate-term trend has been UP since Oct 4th, 2021 at 2.9769442

short term down The short-term trend has been DOWN since Oct 22nd, 2021 at 3.0298713

Smart Scan Analysis for CADSAR

Based on our trend formula, CADSAR is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for CADSAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.0336685 3.0395612 3.0268801 3.0275896 -0.0060790
Prev. Close Volume Bid Ask Time
3.0336685 2021-10-25 16:05:22
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