Forex Trend Analysis Report
Prepared for you on Wednesday, March 29, 2023.
Euro/Saudi Arabian Riyal (FOREX:EURSAR)
Strong Uptrend (+100) - EURSAR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, EURSAR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for EURSAR
The long-term trend has been UP since Nov 11th, 2022 at 3.8935
The intermediate-term trend has been UP since Mar 13th, 2023 at 4.0168
The short-term trend has been UP since Mar 20th, 2023 at 4.0128
Smart Scan Analysis for EURSAR
Based on our trend formula, EURSAR is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).