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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Euro/Saudi Arabian Riyal (FOREX:EURSAR)
Weak Downtrend (-65) - EURSAR is showing signs of a strengthening downtrend. Monitor EURSAR as it may be building momentum to the downside.
Is it time to buy, sell, or avoid EURSAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURSAR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for EURSAR
The long-term trend has been DOWN since Apr 12th, 2024 at 4.0117
The intermediate-term trend has been DOWN since Mar 27th, 2024 at 4.0574
The short-term trend has been DOWN since May 7th, 2024 at 4.0223
Smart Scan Analysis for EURSAR
Based on our trend formula, EURSAR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
-70
Strong Downtrend
Sideways
Strong Uptrend
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.0303 | 4.0415 | 4.0233 | 4.0361 | +0.0058 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.0303 | 2024-05-09 10:43:48 |
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