Forex Trend Analysis Report
Prepared for you on Thursday, July 16, 2020.
Saudi Arabian Riyal/US Dollar (FOREX:SARUSD)
Strong Uptrend (+100) - SARUSD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SARUSD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid SARUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for SARUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SARUSD
The long-term trend has been UP since Apr 17th, 2020 at 0.26726839
The intermediate-term trend has been UP since Jun 29th, 2020 at 0.26664286
The short-term trend has been UP since Jul 13th, 2020 at 0.26671880
Smart Scan Analysis for SARUSD
Based on our trend formula, SARUSD is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).