Forex Trend Analysis Report
Prepared for you on Sunday, June 26, 2022.
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.
MarketClub’s Trade Triangles for SAREUR
The long-term trend has been UP since Aug 9th, 2021 at 0.22683482
The intermediate-term trend has been UP since Jun 13th, 2022 at 0.25353725
The short-term trend has been DOWN since Jun 16th, 2022 at 0.25371092
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).