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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Yemeni Rials/British Pound (FOREX:YERGBP)
Countertrend Up (+85) - YERGBP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid YERGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for YERGBP.
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 YERGBP
The long-term trend has been UP since Apr 17th, 2024 at 0.00318975
The intermediate-term trend has been UP since May 8th, 2024 at 0.00323548
The short-term trend has been UP since May 8th, 2024 at 0.00318548
Smart Scan Analysis for YERGBP
Based on our trend formula, YERGBP is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.01539275 | 0.01539275 | 0.01539275 | 0.01539275 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.01539275 | 2024-05-08 15:55:04 |