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Forex Trend Analysis Report

Prepared for you on Sunday, May 9, 2021.

British Pound/Saudi Arabian Riyal (FOREX:GBPSAR)

Strong Uptrend (+100) - GBPSAR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, GBPSAR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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.

FOREX_GBPSAR
Open High Low GBPSAR Price Change
5.2569717 5.2569717 5.2569717 5.2569717 0.0000000
Entry Signal

MarketClub’s Trade Triangles for GBPSAR

long term up The long-term trend has been UP since Jul 27th, 2020 at 4.8057858

intermediate term up The intermediate-term trend has been UP since Apr 19th, 2021 at 5.2146683

short term up The short-term trend has been UP since Apr 14th, 2021 at 5.1660105

Smart Scan Analysis for GBPSAR

Based on our trend formula, GBPSAR is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for GBPSAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.2569717 5.2569717 5.2569717 5.2569717 0.0000000
Prev. Close Volume Bid Ask Time
5.2569717 2021-05-08 11:31:00
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