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Forex Trend Analysis Report

Prepared for you on Saturday, May 30, 2020.

US Dollar/Saudi Arabian Riyal (FOREX:USDSAR)

Bear Market Rally (-75) - USDSAR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on USDSAR as it may be in the beginning 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.

FOREX_USDSAR
Open High Low USDSAR Price Change
3.7560789 3.7560789 3.7560789 3.7560789 0.0000000
Entry Signal

MarketClub’s Trade Triangles for USDSAR

long term down The long-term trend has been DOWN since Apr 17th, 2020 at 3.7445881

intermediate term up The intermediate-term trend has been UP since May 4th, 2020 at 3.7718500

short term down The short-term trend has been DOWN since May 26th, 2020 at 3.7551254

Smart Scan Analysis for USDSAR

Based on our trend formula, USDSAR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for USDSAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.7560789 3.7560789 3.7560789 3.7560789 0.0000000
Prev. Close Volume Bid Ask Time
3.7560789 3.7515750 3.7605828 2020-05-30 07:16:00
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