Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
Saudi Arabian Riyal/US Dollar (FOREX:SARUSD)
Crossroads (+60) - SARUSD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SARUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for SARUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for SARUSD
The long-term trend has been DOWN since Dec 17th, 2023 at 0.26516462
The intermediate-term trend has been UP since Apr 3rd, 2024 at 0.26670390
The short-term trend has been UP since Apr 21st, 2024 at 0.26667541
Smart Scan Analysis for SARUSD
Based on our trend formula, SARUSD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.26665465 | 0.26665465 | 0.26662034 | 0.26662568 | -0.00002900 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.26665465 | 2024-04-26 06:13:56 |