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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

US Dollar/Saudi Arabian Riyal (FOREX:USDSAR)

Weak Downtrend (-65) - USDSAR is showing signs of a strengthening downtrend. Monitor USDSAR as it may be building momentum to the downside.

Is it time to buy, sell, or avoid USDSAR?

MarketClub looks at technical strength and momentum to determine if the timing is right for USDSAR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_USDSAR
Open High Low USDSAR Price Change
3.7544 3.7544 3.7543 3.7544 0.0000
Entry Signal

MarketClub’s Trade Triangles for USDSAR

long term down The long-term trend has been DOWN since Nov 24th, 2024 at 3.7342095

intermediate term up The intermediate-term trend has been UP since Dec 4th, 2024 at 3.7583098

short term down The short-term trend has been DOWN since Dec 24th, 2024 at 3.7537011

Smart Scan Analysis for USDSAR

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

-65
Smart Scan Analysis for USDSAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.7544 3.7544 3.7543 3.7544 0.0000
Prev. Close Volume Bid Ask Time
3.7544 2024-12-26 12:57:00
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