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Forex Trend Analysis Report

Prepared for you on Friday, March 22, 2019.

Canadian Dollar/Saudi Arabian Riyal (FOREX:CADSAR)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_CADSAR
Open High Low CADSAR Price Change
2.80510 2.80625 2.80510 2.80625 +0.00115
Entry Signal

MarketClub’s Trade Triangles for CADSAR

long term down The long term trend has been DOWN since Nov 12th, 2018 at 2.83615

intermediate term down The intermediate term trend has been DOWN since Mar 5th, 2019 at 2.81310

short term down The short term trend has been DOWN since Mar 21st, 2019 at 2.80680

Smart Scan Analysis for CADSAR

Based on a pre-defined weighted trend formula for chart analysis, CADSAR scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for CADSAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.80510 2.80625 2.80510 2.80625 +0.00115
Prev. Close Volume Bid Ask Time
2.80510 2.80300 2.80950 2019-03-22 01:53:55
Want to analyze Canadian Dollar/Saudi Arabian Riyal CADSAR or another symbol? Try our Free Forex Trend Analysis Report.