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Forex Trend Analysis Report

Prepared for you on Sunday, September 15, 2019.

Saudi Arabian Riyal/Euro (FOREX:SAREUR)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_SAREUR
Open High Low SAREUR Price Change
0.240900 0.241010 0.239975 0.240730 -0.000170
Entry Signal

MarketClub’s Trade Triangles for SAREUR

long term up The long term trend has been UP since Jul 25th, 2019 at 0.239975

intermediate term up The intermediate term trend has been UP since Jul 23rd, 2019 at 0.238155

short term down The short term trend has been DOWN since Sep 12th, 2019 at 0.240840

Smart Scan Analysis for SAREUR

Based on a pre-defined weighted trend formula for chart analysis, SAREUR scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for SAREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.240900 0.241010 0.239975 0.240730 -0.000170
Prev. Close Volume Bid Ask Time
0.240790 0.240700 0.240760 2019-09-13 17:49:26
Want to analyze Saudi Arabian Riyal/Euro SAREUR or another symbol? Try our Free Forex Trend Analysis Report.