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Forex Trend Analysis Report

Prepared for you on Wednesday, December 6, 2023.

Saudi Arabian Riyal/Euro (FOREX:SAREUR)

Weak Uptrend (+65) - SAREUR is showing signs of weakening momentum to the upside. Monitor 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.

FOREX_SAREUR
Open High Low SAREUR Price Change
0.24705426 0.24735982 0.24701764 0.24714585 +0.00009200
Entry Signal

MarketClub’s Trade Triangles for SAREUR

long term up The long-term trend has been UP since Sep 14th, 2023 at 0.24989419

intermediate term down The intermediate-term trend has been DOWN since Oct 23rd, 2023 at 0.25077152

short term up The short-term trend has been UP since Nov 30th, 2023 at 0.24437176

Smart Scan Analysis for SAREUR

Based on our trend formula, SAREUR is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for SAREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.24705426 0.24735982 0.24701764 0.24714585 +0.00009200
Prev. Close Volume Bid Ask Time
0.24705426 2023-12-06 06:23:24
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