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Forex Trend Analysis Report

Prepared for you on Tuesday, October 19, 2021.

Canadian Dollar/Saudi Arabian Riyal (FOREX:CADSAR)

Long-Term Uptrend (+90) - CADSAR is in a strong uptrend that is likely to continue. While CADSAR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
3.0381058 3.0461294 3.0373445 3.0427795 +0.0046740
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 up The short-term trend has been UP since Oct 4th, 2021 at 2.9700308

Smart Scan Analysis for CADSAR

Based on our trend formula, CADSAR is rated as a +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
3.0381058 3.0461294 3.0373445 3.0427795 +0.0046740
Prev. Close Volume Bid Ask Time
3.0381058 2021-10-19 07:14:19
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