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Forex Trend Analysis Report

Prepared for you on Saturday, April 4, 2020.

Euro/Saudi Arabian Riyal (FOREX:EURSAR)

Long-Term Downtrend (-90) - EURSAR is in a strong downtrend that is likely to continue. While EURSAR 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 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.

FOREX_EURSAR
Open High Low EURSAR Price Change
4.0837 4.0837 4.0550 4.0672 -0.0165
Entry Signal

MarketClub’s Trade Triangles for EURSAR

long term down The long-term trend has been DOWN since Mar 19th, 2020 at 4.0439

intermediate term down The intermediate-term trend has been DOWN since Mar 19th, 2020 at 4.0569

short term down The short-term trend has been DOWN since Mar 31st, 2020 at 4.1160

Smart Scan Analysis for EURSAR

Based on our trend formula, EURSAR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for EURSAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.0837 4.0837 4.0550 4.0672 -0.0165
Prev. Close Volume Bid Ask Time
4.0837 4.0636 4.0708 2020-04-03 19:56:11
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