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Forex Trend Analysis Report

Prepared for you on Tuesday, June 25, 2024.

Euro/Saudi Arabian Riyal (FOREX:EURSAR)

Long-Term Downtrend (-90) - EURSAR is in a strong downtrend that is likely to continue. While EURSAR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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.

FOREX_EURSAR
Open High Low EURSAR Price Change
4.02760 4.03060 4.01280 4.02035 -0.00725
Entry Signal

MarketClub’s Trade Triangles for EURSAR

long term down The long-term trend has been DOWN since Apr 12th, 2024 at 4.0117

intermediate term down The intermediate-term trend has been DOWN since Jun 10th, 2024 at 4.0462

short term down The short-term trend has been DOWN since Jun 21st, 2024 at 4.0149

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).

-90
Smart Scan Analysis for EURSAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.02760 4.03060 4.01280 4.02035 -0.00725
Prev. Close Volume Bid Ask Time
4.02760 2024-06-25 15:18:14
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