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Forex Trend Analysis Report

Prepared for you on Monday, December 9, 2019.

Saudi Arabian Riyal/US Dollar (FOREX:SARUSD)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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.

FOREX_SARUSD
Open High Low SARUSD Price Change
0.26667549 0.26671768 0.26664979 0.26667067 -0.00000500
Entry Signal

MarketClub’s Trade Triangles for SARUSD

long term up The long term trend has been UP since Sep 4th, 2019 at 0.26725500

intermediate term up The intermediate term trend has been UP since Nov 18th, 2019 at 0.26686767

short term up The short term trend has been UP since Dec 9th, 2019 at 0.26671753

Smart Scan Analysis for SARUSD

Based on a pre-defined weighted trend formula for chart analysis, SARUSD scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for SARUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.26667549 0.26671768 0.26664979 0.26667067 -0.00000500
Prev. Close Volume Bid Ask Time
0.26667549 0.26634919 0.26699215 2019-12-09 14:05:48
Want to analyze Saudi Arabian Riyal/US Dollar SARUSD or another symbol? Try our Free Forex Trend Analysis Report.