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Forex Trend Analysis Report

Prepared for you on Wednesday, May 27, 2020.

Saudi Arabian Riyal/Euro (FOREX:SAREUR)

Weak Downtrend (-65) - SAREUR is showing signs of a strengthening downtrend. Monitor SAREUR as it may be building momentum to the downside.

Is it time to buy, sell, or avoid SAREUR?

MarketClub looks at technical strength and momentum to determine if the timing is right for SAREUR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_SAREUR
Open High Low SAREUR Price Change
0.24281310 0.24325610 0.24135969 0.24135969 -0.00145300
Entry Signal

MarketClub’s Trade Triangles for SAREUR

long term up The long-term trend has been UP since Mar 19th, 2020 at 0.24728642

intermediate term down The intermediate-term trend has been DOWN since May 20th, 2020 at 0.24258895

short term down The short-term trend has been DOWN since May 27th, 2020 at 0.24201977

Smart Scan Analysis for SAREUR

Based on our trend formula, SAREUR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for SAREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.24281310 0.24325610 0.24135969 0.24135969 -0.00145300
Prev. Close Volume Bid Ask Time
0.24281310 0.24106842 0.24165096 2020-05-27 22:07:11
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