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Forex Trend Analysis Report

Prepared for you on Monday, October 21, 2019.

Euro/Saudi Arabian Riyal (FOREX:EURSAR)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight stops.

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.

FOREX_EURSAR
Open High Low EURSAR Price Change
4.1889 4.1889 4.1848 4.1851 -0.0038
Entry Signal

MarketClub’s Trade Triangles for EURSAR

long term down The long term trend has been DOWN since Jul 25th, 2019 at 4.16705

intermediate term up The intermediate term trend has been UP since Oct 13th, 2019 at 4.13590

short term up The short term trend has been UP since Oct 16th, 2019 at 4.14190

Smart Scan Analysis for EURSAR

Based on a pre-defined weighted trend formula for chart analysis, EURSAR scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for EURSAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.1889 4.1889 4.1848 4.1851 -0.0038
Prev. Close Volume Bid Ask Time
4.1889 4.1801 4.1901 2019-10-21 04:05:27
Want to analyze Euro/Saudi Arabian Riyal EURSAR or another symbol? Try our Free Forex Trend Analysis Report.