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Forex Trend Analysis Report
Prepared for you on Saturday, January 25, 2025.
US Dollar/Saudi Arabian Riyal (FOREX:USDSAR)
Long-Term Downtrend (-90) - USDSAR is in a strong downtrend that is likely to continue. While USDSAR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 DOWN since Nov 24th, 2024 at 3.7342095
The intermediate-term trend has been DOWN since Jan 17th, 2025 at 3.7441136
The short-term trend has been DOWN since Jan 23rd, 2025 at 3.7496986
Smart Scan Analysis for USDSAR
Based on our trend formula, USDSAR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.7507979 | 3.7508993 | 3.7474656 | 3.7508993 | +0.0001010 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.7507979 | 2025-01-25 10:02:37 |