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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.
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MarketClub’s Trade Triangles for SAREUR
The long-term trend has been UP since Nov 5th, 2024 at 0.24736594
The intermediate-term trend has been UP since Nov 6th, 2024 at 0.24820709
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).
| 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 |