Forex Trend Analysis Report
Prepared for you on Thursday, March 28, 2024.
Saudi Arabian Riyal/US Dollar (FOREX:SARUSD)
Long-Term Downtrend (-90) - SARUSD is in a strong downtrend that is likely to continue. While SARUSD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SARUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for SARUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
MarketClub’s Trade Triangles for SARUSD
The long-term trend has been DOWN since Dec 17th, 2023 at 0.26516462
The intermediate-term trend has been DOWN since Mar 12th, 2024 at 0.26656235
The short-term trend has been DOWN since Mar 27th, 2024 at 0.26661872
Smart Scan Analysis for SARUSD
Based on our trend formula, SARUSD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.26662190 | 0.26665473 | 0.26656523 | 0.26662592 | +0.00000400 |
Prev. Close | Volume | Bid | Ask | Time |
0.26662190 | 2024-03-28 12:59:07 |