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Forex Trend Analysis Report

Prepared for you on Friday, December 6, 2024.

Saudi Arabian Riyal/Euro (FOREX:SAREUR)

Sidelines Mode (+55) - SAREUR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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
0.25171837 0.25171837 0.25171837 0.25171837 0.00000000
Entry Signal

MarketClub’s Trade Triangles for SAREUR

long term up The long-term trend has been UP since Nov 5th, 2024 at 0.24736594

intermediate term up The intermediate-term trend has been UP since Nov 6th, 2024 at 0.24820709

short term down The short-term trend has been DOWN since Dec 5th, 2024 at 0.25242367

Smart Scan Analysis for SAREUR

Based on our trend formula, SAREUR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for SAREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.25171837 0.25171837 0.25171837 0.25171837 0.00000000
Prev. Close Volume Bid Ask Time
0.25171837 2024-12-06 00:06:26
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