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Forex Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
US Dollar/Yemeni Rials (FOREX:USDYER)
Weak Downtrend (-65) - USDYER is showing signs of a strengthening downtrend. Monitor USDYER as it may be building momentum to the downside.
Is it time to buy, sell, or avoid USDYER?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDYER.
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 USDYER
The long-term trend has been UP since Apr 5th, 2024 at 250.400
The intermediate-term trend has been DOWN since Apr 17th, 2024 at 250.375
The short-term trend has been DOWN since Apr 17th, 2024 at 250.375
Smart Scan Analysis for USDYER
Based on our trend formula, USDYER is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
-70
Strong Downtrend
Sideways
Strong Uptrend
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 250.35 | 250.35 | 250.35 | 250.35 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 250.43 | 2024-04-22 12:26:56 |
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