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Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

Saudi Arabian Riyal/Euro (FOREX:SAREUR)

Crossroads (-60) - SAREUR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
0.23942381 0.23959591 0.23810692 0.23854426 -0.00088000
Entry Signal

MarketClub’s Trade Triangles for SAREUR

long term up The long-term trend has been UP since Mar 19th, 2020 at 0.24728642

intermediate term down The intermediate-term trend has been DOWN since May 20th, 2020 at 0.24258895

short term down The short-term trend has been DOWN since May 27th, 2020 at 0.24201977

Smart Scan Analysis for SAREUR

Based on our trend formula, SAREUR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for SAREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.23942381 0.23959591 0.23810692 0.23854426 -0.00088000
Prev. Close Volume Bid Ask Time
0.23942381 0.23825975 0.23882878 2020-06-02 14:50:13
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