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Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

US Dollar/Saudi Arabian Riyal (FOREX:USDSAR)

Strong Uptrend (+100) - USDSAR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, USDSAR 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 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.

FOREX_USDSAR
Open High Low USDSAR Price Change
3.7505891 3.7521558 3.7501792 3.7505808 -0.0000080
Entry Signal

MarketClub’s Trade Triangles for USDSAR

long term up The long-term trend has been UP since Feb 4th, 2024 at 3.7679269

intermediate term up The intermediate-term trend has been UP since Mar 12th, 2024 at 3.7514732

short term up The short-term trend has been UP since Mar 27th, 2024 at 3.7506517

Smart Scan Analysis for USDSAR

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

+100
Smart Scan Analysis for USDSAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.7505891 3.7521558 3.7501792 3.7505808 -0.0000080
Prev. Close Volume Bid Ask Time
3.7505891 2024-03-28 19:56:06
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