Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Sunday, June 16, 2019.
British Pound/Saudi Arabian Riyal (FOREX:GBPSAR)
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for GBPSAR
The long term trend has been DOWN since May 17th, 2019 at 4.78965
The intermediate term trend has been DOWN since May 15th, 2019 at 4.82625
The short term trend has been DOWN since Jun 14th, 2019 at 4.75020
Smart Scan Analysis for GBPSAR
Based on a pre-defined weighted trend formula for chart analysis, GBPSAR scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.7214 | 4.7214 | 4.7214 | 4.7214 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.7214 | 4.7158 | 4.7270 | 2019-06-16 20:04:30 |