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Forex Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

Canadian Dollar/Saudi Arabian Riyal (FOREX:CADSAR)

Weak Downtrend (-65) - CADSAR is showing signs of a strengthening downtrend. Monitor CADSAR as it may be building momentum to the downside.

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
2.7110459 2.7141976 2.7029729 2.7038074 -0.0072380
Entry Signal

MarketClub’s Trade Triangles for CADSAR

long term up The long-term trend has been UP since Aug 21st, 2024 at 2.7593522

intermediate term down The intermediate-term trend has been DOWN since Oct 8th, 2024 at 2.7507833

short term down The short-term trend has been DOWN since Sep 27th, 2024 at 2.7756016

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
2.7110459 2.7141976 2.7029729 2.7038074 -0.0072380
Prev. Close Volume Bid Ask Time
2.7110459 2024-10-25 17:09:45
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