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Forex Trend Analysis Report

Prepared for you on Saturday, January 25, 2020.

US Dollar/Saudi Arabian Riyal (FOREX:USDSAR)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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.

FOREX_USDSAR
Open High Low USDSAR Price Change
3.7515757 3.7515757 3.7515757 3.7515757 0.0000000
Entry Signal

MarketClub’s Trade Triangles for USDSAR

long term up The long term trend has been UP since Jan 2nd, 2020 at 3.7657222

intermediate term down The intermediate term trend has been DOWN since Jan 23rd, 2020 at 3.7467316

short term up The short term trend has been UP since Jan 24th, 2020 at 3.7576455

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).

+65
Smart Scan Analysis for USDSAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.7515757 3.7515757 3.7515757 3.7515757 0.0000000
Prev. Close Volume Bid Ask Time
3.7515757 3.7469414 3.7562099 2020-01-25 08:46:52
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