Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Saturday, February 23, 2019.

British Pound/Saudi Arabian Riyal (FOREX:GBPSAR)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management 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_GBPSAR
Open High Low GBPSAR Price Change
4.88005 4.88005 4.88005 4.88005 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPSAR

long term down The long term trend has been DOWN since May 1st, 2018 at 5.14385

intermediate term down The intermediate term trend has been DOWN since Feb 14th, 2019 at 4.81280

short term up The short term trend has been UP since Feb 18th, 2019 at 4.83730

Smart Scan Analysis for GBPSAR

Based on a pre-defined weighted trend formula for chart analysis, GBPSAR scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for GBPSAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.88005 4.88005 4.88005 4.88005 0.00000
Prev. Close Volume Bid Ask Time
4.88005 4.87430 4.88580 2019-02-23 07:41:31
Want to analyze British Pound/Saudi Arabian Riyal GBPSAR or another symbol? Try our Free Forex Trend Analysis Report.