Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Friday, March 22, 2019.
Canadian Dollar/Saudi Arabian Riyal (FOREX:CADSAR)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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.
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MarketClub’s Trade Triangles for CADSAR
The long term trend has been DOWN since Nov 12th, 2018 at 2.83615
The intermediate term trend has been DOWN since Mar 5th, 2019 at 2.81310
The short term trend has been DOWN since Mar 21st, 2019 at 2.80680
Smart Scan Analysis for CADSAR
Based on a pre-defined weighted trend formula for chart analysis, CADSAR scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.80510 | 2.80625 | 2.80510 | 2.80625 | +0.00115 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.80510 | 2.80300 | 2.80950 | 2019-03-22 01:53:55 |