Forex Trend Analysis Report
Prepared for you on Monday, April 19, 2021.
Euro/Saudi Arabian Riyal (FOREX:EURSAR)
Crossroads (+60) - EURSAR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid EURSAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURSAR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EURSAR
The long-term trend has been DOWN since Mar 5th, 2021 at 4.4839
The intermediate-term trend has been UP since Apr 13th, 2021 at 4.4798
The short-term trend has been UP since Apr 6th, 2021 at 4.4165
Smart Scan Analysis for EURSAR
Based on our trend formula, EURSAR is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).