Analyze Symbol
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.
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MarketClub’s Trade Triangles for SARUSD
The long term trend has been UP since Sep 4th, 2019 at 0.26725500
The intermediate term trend has been UP since Nov 18th, 2019 at 0.26686767
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).
| 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 |