Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2019.

Saudi Arabian Riyal/US Dollar (FOREX:SARUSD)

Smart Scan Chart Analysis indicates that the downward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range 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.

FOREX_SARUSD
Open High Low SARUSD Price Change
0.266655 0.266725 0.266525 0.266650 -0.000005
Entry Signal

MarketClub’s Trade Triangles for SARUSD

long term up The long term trend has been UP since Aug 24th, 2018 at 0.26764

intermediate term down The intermediate term trend has been DOWN since Feb 5th, 2019 at 0.26629

short term down The short term trend has been DOWN since Mar 17th, 2019 at 0.26647

Smart Scan Analysis for SARUSD

Based on a pre-defined weighted trend formula for chart analysis, SARUSD scored -50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-50
Smart Scan Analysis for SARUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.266655 0.266725 0.266525 0.266650 -0.000005
Prev. Close Volume Bid Ask Time
0.266655 0.266340 0.266960 2019-03-19 17:29:45
Want to analyze Saudi Arabian Riyal/US Dollar SARUSD or another symbol? Try our Free Forex Trend Analysis Report.