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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
US Dollar/Saudi Arabian Riyal (FOREX:USDSAR)
Bull Market Weakness (+75) - USDSAR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on USDSAR as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for USDSAR
The long-term trend has been UP since Jun 10th, 2024 at 3.7691566
The intermediate-term trend has been DOWN since Jun 30th, 2024 at 3.7458852
The short-term trend has been UP since Jul 18th, 2024 at 3.7514000
Smart Scan Analysis for USDSAR
Based on our trend formula, USDSAR is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.7515602 | 3.7517855 | 3.7510194 | 3.7516233 | +0.0000630 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.7515602 | 2024-07-26 19:59:27 |