Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Saudi Arabian Riyal/Euro (FOREX:SAREUR)

Long-Term Uptrend (+90) - SAREUR is in a strong uptrend that is likely to continue. While SAREUR 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 SAREUR?

MarketClub looks at technical strength and momentum to determine if the timing is right for SAREUR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_SAREUR
Open High Low SAREUR Price Change
0.25608237 0.25639096 0.25595128 0.25616108 +0.00007900
Entry Signal

MarketClub’s Trade Triangles for SAREUR

long term up The long-term trend has been UP since Nov 5th, 2024 at 0.24736594

intermediate term up The intermediate-term trend has been UP since Nov 6th, 2024 at 0.24820709

short term up The short-term trend has been UP since Dec 10th, 2024 at 0.25297923

Smart Scan Analysis for SAREUR

Based on our trend formula, SAREUR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for SAREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.25608237 0.25639096 0.25595128 0.25616108 +0.00007900
Prev. Close Volume Bid Ask Time
0.25616108 2024-12-24 17:13:34
Get a free daily analysis and signals for Saudi Arabian Riyal/Euro (SAREUR) - Request Your Free Report.