Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, March 1, 2021.

US Dollar/Saudi Arabian Riyal (FOREX:USDSAR)

Weak Uptrend (+65) - USDSAR is showing signs of weakening momentum to the upside. Monitor 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.

FOREX_USDSAR
Open High Low USDSAR Price Change
3.7504500 3.7539500 3.7487090 3.7506435 +0.0001930
Entry Signal

MarketClub’s Trade Triangles for USDSAR

long term up The long-term trend has been UP since Dec 22nd, 2020 at 3.7706943

intermediate term up The intermediate-term trend has been UP since Mar 1st, 2021 at 3.7536351

short term down The short-term trend has been DOWN since Mar 1st, 2021 at 3.7496002

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
3.7504500 3.7539500 3.7487090 3.7506435 +0.0001930
Prev. Close Volume Bid Ask Time
3.7504500 2021-03-01 14:57:36
Get a free daily analysis and signals for US Dollar/Saudi Arabian Riyal (USDSAR) - Request Your Free Report.