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Forex Trend Analysis Report

Prepared for you on Tuesday, January 23, 2018.

Saudi Arabian Riyal/Euro (FOREX:SAREUR)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend 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
0.217465 0.217995 0.216730 0.216805 -0.000660
Entry Signal

MarketClub’s Trade Triangles for SAREUR

long term down The long term trend has been DOWN since Jan 2nd, 2018 at 0.221775

intermediate term down The intermediate term trend has been DOWN since Nov 15th, 2017 at 0.225365

short term down The short term trend has been DOWN since Jan 11th, 2018 at 0.221910

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
0.217465 0.217995 0.216730 0.216805 -0.000660
Prev. Close Volume Bid Ask Time
0.217465 0.216570 0.217040 2018-01-23 18:40:18
Want to analyze Saudi Arabian Riyal/Euro SAREUR or another symbol? Try our Free Forex Trend Analysis Report.