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Forex Trend Analysis Report

Prepared for you on Tuesday, November 24, 2020.

Euro/Saudi Arabian Riyal (FOREX:EURSAR)

Countertrend Up (+85) - EURSAR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
4.4419 4.4551 4.4419 4.4530 +0.0111
Entry Signal

MarketClub’s Trade Triangles for EURSAR

long term up The long-term trend has been UP since Jul 14th, 2020 at 4.28270

intermediate term up The intermediate-term trend has been UP since Nov 6th, 2020 at 4.45585

short term down The short-term trend has been DOWN since Nov 23rd, 2020 at 4.43410

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).

+85
Smart Scan Analysis for EURSAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.4419 4.4551 4.4419 4.4530 +0.0111
Prev. Close Volume Bid Ask Time
4.4419 2020-11-24 03:40:15
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