Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, August 15, 2018.

Saudi Arabian Riyal/Euro (FOREX:SAREUR)

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_SAREUR
Open High Low SAREUR Price Change
0.235460 0.235525 0.235390 0.235390 -0.000070
Entry Signal

MarketClub’s Trade Triangles for SAREUR

long term up The long term trend has been UP since May 2nd, 2018 at 0.221050

intermediate term up The intermediate term trend has been UP since Aug 3rd, 2018 at 0.230285

short term up The short term trend has been UP since Aug 9th, 2018 at 0.231250

Smart Scan Analysis for SAREUR

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

+100
Smart Scan Analysis for SAREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.235460 0.235525 0.235390 0.235390 -0.000070
Prev. Close Volume Bid Ask Time
0.235460 0.235110 0.235670 2018-08-15 02:43:33
Want to analyze Saudi Arabian Riyal/Euro SAREUR or another symbol? Try our Free Forex Trend Analysis Report.