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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

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
4.0733 4.0773 4.0689 4.0748 +0.0015
Entry Signal

MarketClub’s Trade Triangles for EURSAR

long term up The long-term trend has been UP since Jul 15th, 2024 at 4.0935

intermediate term up The intermediate-term trend has been UP since Jul 8th, 2024 at 4.0668

short term up The short-term trend has been UP since Jul 23rd, 2024 at 4.0858

Smart Scan Analysis for EURSAR

Based on our trend formula, EURSAR is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for EURSAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.0733 4.0773 4.0689 4.0748 +0.0015
Prev. Close Volume Bid Ask Time
4.0733 2024-07-26 19:22:34
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