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Forex Trend Analysis Report
Prepared for you on Wednesday, February 5, 2025.
US Dollar/Saudi Arabian Riyal (FOREX:USDSAR)
Bull Market Weakness (+75) - USDSAR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on USDSAR as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid USDSAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDSAR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for USDSAR
The long-term trend has been UP since Feb 2nd, 2025 at 3.7850485
The intermediate-term trend has been UP since Feb 2nd, 2025 at 3.7547594
The short-term trend has been UP since Feb 2nd, 2025 at 3.7523910
Smart Scan Analysis for USDSAR
Based on our trend formula, USDSAR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.7506140 | 3.7507000 | 3.7505179 | 3.7505179 | -0.0000960 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.7506140 | 2025-02-05 00:50:57 |