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Forex Trend Analysis Report

Prepared for you on Saturday, February 27, 2021.

Canadian Dollar/Saudi Arabian Riyal (FOREX:CADSAR)

Sidelines Mode (+55) - CADSAR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
2.9725201 2.9757620 2.9482212 2.9482212 -0.0242990
Entry Signal

MarketClub’s Trade Triangles for CADSAR

long term up The long-term trend has been UP since Jun 10th, 2020 at 2.8168957

intermediate term up The intermediate-term trend has been UP since Feb 15th, 2021 at 2.9621390

short term down The short-term trend has been DOWN since Feb 26th, 2021 at 2.9672554

Smart Scan Analysis for CADSAR

Based on our trend formula, CADSAR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for CADSAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.9725201 2.9757620 2.9482212 2.9482212 -0.0242990
Prev. Close Volume Bid Ask Time
2.9725201 2021-02-26 16:18:27
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