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Forex Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
US Dollar/Saudi Arabian Riyal (FOREX:USDSAR)
Strong Downtrend (-100) - USDSAR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, USDSAR continues to fall. Traders should use caution and set stops.
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 DOWN since Apr 24th, 2024 at 3.7287225
The intermediate-term trend has been DOWN since Apr 2nd, 2024 at 3.7494120
The short-term trend has been DOWN since Apr 22nd, 2024 at 3.7505036
Smart Scan Analysis for USDSAR
Based on our trend formula, USDSAR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.7507528 | 3.7510160 | 3.6255000 | 3.7504323 | -0.0003200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.7507528 | 2024-04-24 18:40:25 |