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Forex Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

Euro/Saudi Arabian Riyal (FOREX:EURSAR)

Countertrend Down (-85) - EURSAR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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.

Open High Low EURSAR Price Change
4.0048 4.0097 4.0000 4.0024 -0.0024
Entry Signal

MarketClub’s Trade Triangles for EURSAR

long term down The long-term trend has been DOWN since Apr 12th, 2024 at 4.0117

intermediate term down The intermediate-term trend has been DOWN since Mar 27th, 2024 at 4.0574

short term up The short-term trend has been UP since Apr 17th, 2024 at 4.0005

Smart Scan Analysis for EURSAR

Based on our trend formula, EURSAR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for EURSAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.0048 4.0097 4.0000 4.0024 -0.0024
Prev. Close Volume Bid Ask Time
4.0048 2024-04-18 09:03:21
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