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Forex Trend Analysis Report
Prepared for you on Thursday, February 25, 2021.
British Pound/Saudi Arabian Riyal (FOREX:GBPSAR)
Long-Term Uptrend (+90) - GBPSAR is in a strong uptrend that is likely to continue. While GBPSAR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid GBPSAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPSAR.
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 GBPSAR
The long-term trend has been UP since Jul 27th, 2020 at 4.8057858
The intermediate-term trend has been UP since Dec 16th, 2020 at 5.0763229
The short-term trend has been UP since Feb 19th, 2021 at 5.2466207
Smart Scan Analysis for GBPSAR
Based on our trend formula, GBPSAR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.3109664 | 5.3164234 | 5.2935676 | 5.2935676 | -0.0173990 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.3109664 | 2021-02-25 11:48:43 |