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Forex Trend Analysis Report

Prepared for you on Wednesday, May 27, 2020.

Saudi Arabian Riyal/US Dollar (FOREX:SARUSD)

Sidelines Mode (+55) - SARUSD 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 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.

FOREX_SARUSD
Open High Low SARUSD Price Change
0.26618872 0.26636697 0.26601084 0.26621354 +0.00002500
Entry Signal

MarketClub’s Trade Triangles for SARUSD

long term up The long-term trend has been UP since Apr 17th, 2020 at 0.26726839

intermediate term down The intermediate-term trend has been DOWN since May 4th, 2020 at 0.26532751

short term up The short-term trend has been UP since May 27th, 2020 at 0.26632093

Smart Scan Analysis for SARUSD

Based on our trend formula, SARUSD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for SARUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.26618872 0.26636697 0.26601084 0.26621354 +0.00002500
Prev. Close Volume Bid Ask Time
0.26618872 0.26589187 0.26653520 2020-05-27 19:52:23
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