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Forex Trend Analysis Report
Prepared for you on Saturday, April 4, 2020.
Euro/Saudi Arabian Riyal (FOREX:EURSAR)
Long-Term Downtrend (-90) - EURSAR is in a strong downtrend that is likely to continue. While EURSAR is showing intraday strength, it remains in the confines of a bearish trend. 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.
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MarketClub’s Trade Triangles for EURSAR
The long-term trend has been DOWN since Mar 19th, 2020 at 4.0439
The intermediate-term trend has been DOWN since Mar 19th, 2020 at 4.0569
The short-term trend has been DOWN since Mar 31st, 2020 at 4.1160
Smart Scan Analysis for EURSAR
Based on our trend formula, EURSAR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.0837 | 4.0837 | 4.0550 | 4.0672 | -0.0165 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.0837 | 4.0636 | 4.0708 | 2020-04-03 19:56:11 |