Analyze Symbol
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.
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MarketClub’s Trade Triangles for SARUSD
The long term trend has been DOWN since May 20th, 2019 at 0.265780
The intermediate term trend has been UP since Jun 2nd, 2019 at 0.266960
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).
| 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 |