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Forex Trend Analysis Report

Prepared for you on Wednesday, May 1, 2024.

Saudi Arabian Riyal/Euro (FOREX:SAREUR)

Strong Uptrend (+100) - SAREUR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SAREUR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
0.24996285 0.24996285 0.24996285 0.24996285 0.00000000
Entry Signal

MarketClub’s Trade Triangles for SAREUR

long term up The long-term trend has been UP since Apr 12th, 2024 at 0.24927127

intermediate term up The intermediate-term trend has been UP since Mar 27th, 2024 at 0.24599073

short term up The short-term trend has been UP since Apr 30th, 2024 at 0.24959480

Smart Scan Analysis for SAREUR

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

+100
Smart Scan Analysis for SAREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.24996285 0.24996285 0.24996285 0.24996285 0.00000000
Prev. Close Volume Bid Ask Time
0.24996285 2024-05-01 07:23:56
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