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Forex Trend Analysis Report
Prepared for you on Monday, December 30, 2024.
British Pound/Saudi Arabian Riyal (FOREX:GBPSAR)
Countertrend Down (-85) - GBPSAR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid GBPSAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPSAR.
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 GBPSAR
The long-term trend has been DOWN since Nov 14th, 2024 at 4.7554571
The intermediate-term trend has been DOWN since Oct 7th, 2024 at 4.9123016
The short-term trend has been UP since Dec 30th, 2024 at 4.7250828
Smart Scan Analysis for GBPSAR
Based on our trend formula, GBPSAR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.7212672 | 4.7302374 | 4.7212672 | 4.7265512 | +0.0052840 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.7212672 | 2024-12-30 08:42:59 |