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Forex Trend Analysis Report

Prepared for you on Saturday, July 2, 2022.

US Dollar/Saudi Arabian Riyal (FOREX:USDSAR)

Long-Term Uptrend (+90) - USDSAR is in a strong uptrend that is likely to continue. While USDSAR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
3.7523375 3.7523375 3.7523375 3.7523375 0.0000000
Entry Signal

MarketClub’s Trade Triangles for USDSAR

long term up The long-term trend has been UP since Apr 14th, 2022 at 3.7674402

intermediate term up The intermediate-term trend has been UP since Jun 1st, 2022 at 3.7626191

short term up The short-term trend has been UP since Jul 1st, 2022 at 3.7554576

Smart Scan Analysis for USDSAR

Based on our trend formula, USDSAR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for USDSAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.7523375 3.7523375 3.7523375 3.7523375 0.0000000
Prev. Close Volume Bid Ask Time
3.7523375 2022-07-02 22:44:48
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