Forex Trend Analysis Report
Prepared for you on Saturday, March 6, 2021.
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.
MarketClub’s Trade Triangles for SAREUR
The long-term trend has been UP since Mar 5th, 2021 at 0.22302042
The intermediate-term trend has been UP since Mar 1st, 2021 at 0.22173960
The short-term trend has been UP since Feb 26th, 2021 at 0.21995452
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).