Forex Trend Analysis Report
Prepared for you on Tuesday, July 5, 2022.
Saudi Arabian Riyal/Euro (FOREX:SAREUR)
Strong Uptrend (+100) - SAREUR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SAREUR 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 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.
MarketClub’s Trade Triangles for SAREUR
The long-term trend has been UP since Aug 9th, 2021 at 0.22683482
The intermediate-term trend has been UP since Jun 13th, 2022 at 0.25353725
The short-term trend has been UP since Jun 29th, 2022 at 0.25332530
Smart Scan Analysis for SAREUR
Based on our trend formula, SAREUR is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).