Forex Trend Analysis Report
Prepared for you on Wednesday, May 27, 2020.
Saudi Arabian Riyal/Euro (FOREX:SAREUR)
Weak Downtrend (-65) - SAREUR is showing signs of a strengthening downtrend. Monitor SAREUR as it may be building momentum to the downside.
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 UP since Mar 19th, 2020 at 0.24728642
The intermediate-term trend has been DOWN since May 20th, 2020 at 0.24258895
The short-term trend has been DOWN since May 27th, 2020 at 0.24201977
Smart Scan Analysis for SAREUR
Based on our trend formula, SAREUR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).