Forex Trend Analysis Report
Prepared for you on Monday, March 27, 2023.
Saudi Arabian Riyal/US Dollar (FOREX:SARUSD)
Countertrend Up (+85) - SARUSD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 Mar 10th, 2023 at 0.26797510
The intermediate-term trend has been UP since Mar 10th, 2023 at 0.26797510
The short-term trend has been UP since Mar 17th, 2023 at 0.26642639
Smart Scan Analysis for SARUSD
Based on our trend formula, SARUSD is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).