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Forex Trend Analysis Report

Prepared for you on Sunday, October 17, 2021.

Saudi Arabian Riyal/Euro (FOREX:SAREUR)

Bull Market Weakness (+75) - SAREUR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SAREUR as it may be in the beginning stages of a reversal.

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
0.22969527 0.22996466 0.22961616 0.22979556 +0.00010000
Entry Signal

MarketClub’s Trade Triangles for SAREUR

long term up The long-term trend has been UP since Aug 9th, 2021 at 0.22683482

intermediate term up The intermediate-term trend has been UP since Sep 20th, 2021 at 0.22742779

short term down The short-term trend has been DOWN since Oct 13th, 2021 at 0.23012872

Smart Scan Analysis for SAREUR

Based on our trend formula, SAREUR is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for SAREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.22969527 0.22996466 0.22961616 0.22979556 +0.00010000
Prev. Close Volume Bid Ask Time
0.22969527 2021-10-15 17:19:11
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