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Forex Trend Analysis Report

Prepared for you on Wednesday, September 18, 2019.

Canadian Dollar/Saudi Arabian Riyal (FOREX:CADSAR)

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.

Open High Low CADSAR Price Change
2.83070 2.83070 2.82635 2.82865 -0.00205
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 Sep 4th, 2019 at 2.8416

short term down The short term trend has been DOWN since Sep 11th, 2019 at 2.8434

Smart Scan Analysis for CADSAR

Based on a pre-defined weighted trend formula for chart analysis, CADSAR scored +65 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
2.83070 2.83070 2.82635 2.82865 -0.00205
Prev. Close Volume Bid Ask Time
2.83070 2.82670 2.83060 2019-09-18 07:18:48
Want to analyze Canadian Dollar/Saudi Arabian Riyal CADSAR or another symbol? Try our Free Forex Trend Analysis Report.