Free Daily Analysis

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.

FOREX_SAREUR
Open High Low SAREUR Price Change
0.21932737 0.22088735 0.21927927 0.22088735 +0.00156000
Entry Signal

MarketClub’s Trade Triangles for SAREUR

long term down The long-term trend has been DOWN since Jul 14th, 2020 at 0.23349788

intermediate term down The intermediate-term trend has been DOWN since Feb 22nd, 2021 at 0.21911591

short term up 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).

-55
Smart Scan Analysis for SAREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.21932737 0.22088735 0.21927927 0.22088735 +0.00156000
Prev. Close Volume Bid Ask Time
0.21932737 2021-02-26 16:18:27
Get a free daily analysis and signals for Saudi Arabian Riyal/Euro (SAREUR) - Request Your Free Report.