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Forex Trend Analysis Report

Prepared for you on Friday, March 5, 2021.

Euro/Saudi Arabian Riyal (FOREX:EURSAR)

Strong Downtrend (-100) - EURSAR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. 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
4.4852 4.4865 4.4731 4.4762 -0.0090
Entry Signal

MarketClub’s Trade Triangles for EURSAR

long term down The long-term trend has been DOWN since Mar 5th, 2021 at 4.4839

intermediate term down The intermediate-term trend has been DOWN since Mar 1st, 2021 at 4.5098

short term down The short-term trend has been DOWN since Mar 4th, 2021 at 4.5011

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).

-100
Smart Scan Analysis for EURSAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.4852 4.4865 4.4731 4.4762 -0.0090
Prev. Close Volume Bid Ask Time
4.4852 2021-03-05 07:14:05
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