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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Euro/Saudi Arabian Riyal (FOREX:EURSAR)
Sidelines Mode (+50) - EURSAR is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until EURSAR can gain momentum.
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 Nov 5th, 2024 at 4.04450
The intermediate-term trend has been UP since Nov 5th, 2024 at 4.10725
The short-term trend has been UP since Dec 23rd, 2024 at 3.92295
Smart Scan Analysis for EURSAR
Based on our trend formula, EURSAR is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.9038 | 3.9038 | 3.9038 | 3.9038 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.9038 | 2024-12-26 04:39:42 |