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Forex Trend Analysis Report

Prepared for you on Wednesday, January 19, 2022.

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
3.0004799 3.0101628 2.9959135 3.0021717 +0.0016920
Entry Signal

MarketClub’s Trade Triangles for CADSAR

long term down The long-term trend has been DOWN since Dec 15th, 2021 at 2.9148851

intermediate term up The intermediate-term trend has been UP since Jan 10th, 2022 at 2.9715732

short term up The short-term trend has been UP since Jan 7th, 2022 at 2.9637068

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
3.0004799 3.0101628 2.9959135 3.0021717 +0.0016920
Prev. Close Volume Bid Ask Time
3.0004799 2022-01-19 23:29:28
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