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Forex Trend Analysis Report

Prepared for you on Thursday, June 20, 2019.

Saudi Arabian Riyal/US Dollar (FOREX:SARUSD)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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_SARUSD
Open High Low SARUSD Price Change
0.266615 0.266770 0.266540 0.266670 +0.000055
Entry Signal

MarketClub’s Trade Triangles for SARUSD

long term down The long term trend has been DOWN since May 20th, 2019 at 0.265780

intermediate term up The intermediate term trend has been UP since Jun 2nd, 2019 at 0.266960

short term up The short term trend has been UP since Jun 18th, 2019 at 0.266735

Smart Scan Analysis for SARUSD

Based on a pre-defined weighted trend formula for chart analysis, SARUSD scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for SARUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.266615 0.266770 0.266540 0.266670 +0.000055
Prev. Close Volume Bid Ask Time
0.266615 0.266490 0.266850 2019-06-20 07:42:23
Want to analyze Saudi Arabian Riyal/US Dollar SARUSD or another symbol? Try our Free Forex Trend Analysis Report.