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Forex Trend Analysis Report

Prepared for you on Wednesday, July 17, 2019.

Canadian Dollar/Saudi Arabian Riyal (FOREX:CADSAR)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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.

Open High Low CADSAR Price Change
2.8677 2.8773 2.8675 2.8736 +0.0059
Entry Signal

MarketClub’s Trade Triangles for CADSAR

long term up The long term trend has been UP since Jun 26th, 2019 at 2.8570

intermediate term up The intermediate term trend has been UP since Jun 7th, 2019 at 2.8116

short term down The short term trend has been DOWN since Jul 16th, 2019 at 2.8670

Smart Scan Analysis for CADSAR

Based on a pre-defined weighted trend formula for chart analysis, CADSAR scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for CADSAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.8677 2.8773 2.8675 2.8736 +0.0059
Prev. Close Volume Bid Ask Time
2.8677 2.8702 2.8770 2019-07-17 19:42:24
Want to analyze Canadian Dollar/Saudi Arabian Riyal CADSAR or another symbol? Try our Free Forex Trend Analysis Report.