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Forex Trend Analysis Report

Prepared for you on Tuesday, May 21, 2019.

US Dollar/Saudi Arabian Riyal (FOREX:USDSAR)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. 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.

FOREX_USDSAR
Open High Low USDSAR Price Change
3.75030 3.75225 3.74865 3.75115 +0.00085
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 up The intermediate term trend has been UP since May 20th, 2019 at 3.75860

short term up The short term trend has been UP since May 16th, 2019 at 3.75445

Smart Scan Analysis for USDSAR

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

+100
Smart Scan Analysis for USDSAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.75030 3.75225 3.74865 3.75115 +0.00085
Prev. Close Volume Bid Ask Time
3.7503 3.75070 3.75160 2019-05-21 14:33:01
Want to analyze US Dollar/Saudi Arabian Riyal USDSAR or another symbol? Try our Free Forex Trend Analysis Report.