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Forex Trend Analysis Report

Prepared for you on Friday, March 22, 2019.

US Dollar/Saudi Arabian Riyal (FOREX:USDSAR)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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_USDSAR
Open High Low USDSAR Price Change
3.75100 3.75100 3.75040 3.75095 -0.00005
Entry Signal

MarketClub’s Trade Triangles for USDSAR

long term up The long term trend has been UP since Mar 21st, 2019 at 3.75885

intermediate term down The intermediate term trend has been DOWN since Mar 21st, 2019 at 3.74765

short term down The short term trend has been DOWN since Mar 21st, 2019 at 3.74770

Smart Scan Analysis for USDSAR

Based on a pre-defined weighted trend formula for chart analysis, USDSAR scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for USDSAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.75100 3.75100 3.75040 3.75095 -0.00005
Prev. Close Volume Bid Ask Time
3.75100 3.74670 3.75520 2019-03-22 01:57:08
Want to analyze US Dollar/Saudi Arabian Riyal USDSAR or another symbol? Try our Free Forex Trend Analysis Report.