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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Euro/Yemeni Rials (FOREX:EURYER)
Strong Downtrend (-100) - EURYER is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, EURYER continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid EURYER?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURYER.
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 EURYER
The long-term trend has been DOWN since Apr 17th, 2024 at 268.00289
The intermediate-term trend has been DOWN since May 8th, 2024 at 266.35561
The short-term trend has been DOWN since May 8th, 2024 at 269.54055
Smart Scan Analysis for EURYER
Based on our trend formula, EURYER is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 150.3723 | 150.3723 | 150.3723 | 150.3723 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 150.3723 | 2024-05-08 15:55:04 |