Forex Trend Analysis Report
Prepared for you on Sunday, February 28, 2021.
Saudi Arabian Riyal/Euro (FOREX:SAREUR)
Sidelines Mode (-55) - SAREUR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
MarketClub’s Trade Triangles for SAREUR
The long-term trend has been DOWN since Jul 14th, 2020 at 0.23349788
The intermediate-term trend has been DOWN since Feb 22nd, 2021 at 0.21911591
The short-term trend has been UP since Feb 26th, 2021 at 0.21995452
Smart Scan Analysis for SAREUR
Based on our trend formula, SAREUR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).