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Forex Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
Saudi Arabian Riyal/Euro (FOREX:SAREUR)
Bull Market Weakness (+75) - SAREUR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SAREUR as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SAREUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for SAREUR.
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 SAREUR
The long-term trend has been UP since Apr 12th, 2024 at 0.24927127
The intermediate-term trend has been UP since Mar 27th, 2024 at 0.24599073
The short-term trend has been DOWN since Apr 23rd, 2024 at 0.24971322
Smart Scan Analysis for SAREUR
Based on our trend formula, SAREUR is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.24901677 | 0.24958234 | 0.24901057 | 0.24932099 | +0.00030400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.24901677 | 2024-04-24 13:21:28 |