Forex Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
Euro/Saudi Arabian Riyal (FOREX:EURSAR)
Weak Downtrend (-65) - EURSAR is showing signs of a strengthening downtrend. Monitor EURSAR as it may be building momentum to the downside.
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 DOWN since Aug 9th, 2021 at 4.4085
The intermediate-term trend has been DOWN since Sep 20th, 2021 at 4.3968
The short-term trend has been DOWN since Oct 25th, 2021 at 4.3588
Smart Scan Analysis for EURSAR
Based on our trend formula, EURSAR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).