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Forex Trend Analysis Report

Prepared for you on Saturday, September 21, 2019.

Saudi Arabian Riyal/Icelandic Krona (FOREX:SARISK)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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.

Open High Low SARISK Price Change
33.0270 33.2625 32.9585 32.9585 -0.0685
Entry Signal

MarketClub’s Trade Triangles for SARISK

long term up The long term trend has been UP since Apr 2nd, 2019 at 32.7945

intermediate term down The intermediate term trend has been DOWN since Sep 16th, 2019 at 32.9990

short term up The short term trend has been UP since Sep 20th, 2019 at 33.0885

Smart Scan Analysis for SARISK

Based on a pre-defined weighted trend formula for chart analysis, SARISK scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for SARISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
33.0270 33.2625 32.9585 32.9585 -0.0685
Prev. Close Volume Bid Ask Time
33.027 32.8780 33.0390 2019-09-20 13:43:38
Want to analyze Saudi Arabian Riyal/Icelandic Krona SARISK or another symbol? Try our Free Forex Trend Analysis Report.