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Forex Trend Analysis Report

Prepared for you on Saturday, May 30, 2020.

Canadian Dollar/Saudi Arabian Riyal (FOREX:CADSAR)

Bull Market Weakness (+75) - CADSAR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CADSAR as it may be in the beginning stages of a reversal.

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
2.7268919 2.7378526 2.7173159 2.7282837 +0.0013920
Entry Signal

MarketClub’s Trade Triangles for CADSAR

long term down The long-term trend has been DOWN since Feb 10th, 2020 at 2.8148314

intermediate term up The intermediate-term trend has been UP since Apr 13th, 2020 at 2.6975883

short term up The short-term trend has been UP since May 26th, 2020 at 2.7028001

Smart Scan Analysis for CADSAR

Based on our trend formula, CADSAR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for CADSAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.7268919 2.7378526 2.7173159 2.7282837 +0.0013920
Prev. Close Volume Bid Ask Time
2.7268919 2.7250131 2.7315542 2020-05-29 17:09:03
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