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Forex Trend Analysis Report
Prepared for you on Tuesday, November 5, 2024.
Euro/Saudi Arabian Riyal (FOREX:EURSAR)
Long-Term Uptrend (+90) - EURSAR is in a strong uptrend that is likely to continue. While EURSAR 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 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.
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MarketClub’s Trade Triangles for EURSAR
The long-term trend has been UP since Jul 15th, 2024 at 4.09350
The intermediate-term trend has been UP since Nov 5th, 2024 at 4.10725
The short-term trend has been UP since Oct 25th, 2024 at 4.06780
Smart Scan Analysis for EURSAR
Based on our trend formula, EURSAR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.0855 | 4.1075 | 4.0849 | 4.1045 | +0.0190 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.0855 | 2024-11-05 18:45:19 |