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Forex Trend Analysis Report

Prepared for you on Sunday, April 18, 2021.

Saudi Arabian Riyal/US Dollar (FOREX:SARUSD)

Countertrend Down (-85) - SARUSD 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 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.

FOREX_SARUSD
Open High Low SARUSD Price Change
0.26655614 0.26655614 0.26655614 0.26655614 0.00000000
Entry Signal

MarketClub’s Trade Triangles for SARUSD

long term down The long-term trend has been DOWN since Dec 22nd, 2020 at 0.26520316

intermediate term down The intermediate-term trend has been DOWN since Mar 5th, 2021 at 0.26636450

short term up The short-term trend has been UP since Apr 16th, 2021 at 0.26669000

Smart Scan Analysis for SARUSD

Based on our trend formula, SARUSD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for SARUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.26655614 0.26655614 0.26655614 0.26655614 0.00000000
Prev. Close Volume Bid Ask Time
0.26655614 2021-04-18 02:06:49
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