Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Wednesday, July 24, 2024.

Saudi Arabian Riyal/Euro (FOREX:SAREUR)

Bear Market Rally (-75) - SAREUR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SAREUR as it may be in the beginning 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
0.24580933 0.24582746 0.24579120 0.24579120 -0.00001800
Entry Signal

MarketClub’s Trade Triangles for SAREUR

long term down The long-term trend has been DOWN since Jul 15th, 2024 at 0.24429009

intermediate term down The intermediate-term trend has been DOWN since Jul 8th, 2024 at 0.24589395

short term down The short-term trend has been DOWN since Jul 23rd, 2024 at 0.24475048

Smart Scan Analysis for SAREUR

Based on our trend formula, SAREUR is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for SAREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.24580933 0.24582746 0.24579120 0.24579120 -0.00001800
Prev. Close Volume Bid Ask Time
0.24580933 2024-07-24 00:51:20
Get a free daily analysis and signals for Saudi Arabian Riyal/Euro (SAREUR) - Request Your Free Report.