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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Saudi Arabian Riyal/Euro (FOREX:SAREUR)
Countertrend Down (-85) - SAREUR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 DOWN since Jul 15th, 2024 at 0.24429009
The intermediate-term trend has been DOWN since Jul 8th, 2024 at 0.24589395
The short-term trend has been UP since Jul 24th, 2024 at 0.24586372
Smart Scan Analysis for SAREUR
Based on our trend formula, SAREUR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.24547745 | 0.24576704 | 0.24526071 | 0.24526071 | -0.00021700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.24547745 | 2024-07-26 10:21:13 |