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Forex Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
Euro/Saudi Arabian Riyal (FOREX:EURSAR)
Countertrend Down (-85) - EURSAR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 UP since Apr 23rd, 2024 at 4.0046
Smart Scan Analysis for EURSAR
Based on our trend formula, EURSAR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.0170 | 4.0170 | 4.0068 | 4.0071 | -0.0099 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.0170 | 2024-04-24 09:28:58 |