Forex Trend Analysis Report
Prepared for you on Friday, March 29, 2024.
British Pound/Saudi Arabian Riyal (FOREX:GBPSAR)
Weak Downtrend (-65) - GBPSAR is showing signs of a strengthening downtrend. Monitor GBPSAR as it may be building momentum to the downside.
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 Dec 14th, 2023 at 4.7722481
The intermediate-term trend has been DOWN since Mar 27th, 2024 at 4.7445681
The short-term trend has been DOWN since Mar 21st, 2024 at 4.7521697
Smart Scan Analysis for GBPSAR
Based on our trend formula, GBPSAR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
4.7397084 | 4.7400970 | 4.7397084 | 4.7400970 | +0.0003890 |
Prev. Close | Volume | Bid | Ask | Time |
4.7397084 | 2024-03-29 03:30:06 |