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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.

FOREX_SARUSD
Open High Low SARUSD Price Change
0.26619320 0.26627249 0.26614311 0.26625389 +0.00006100
Entry Signal

MarketClub’s Trade Triangles for SARUSD

long term up The long-term trend has been UP since Mar 10th, 2023 at 0.26797510

intermediate term up The intermediate-term trend has been UP since Mar 10th, 2023 at 0.26797510

short term up 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).

+80
Smart Scan Analysis for SARUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.26619320 0.26627249 0.26614311 0.26625389 +0.00006100
Prev. Close Volume Bid Ask Time
0.26619320 2023-03-27 10:07:53
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