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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Euro/Yemeni Rials (FOREX:EURYER)
Long-Term Downtrend (-90) - EURYER is in a strong downtrend that is likely to continue. While EURYER 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 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 Nov 12th, 2024 at 270.06693
The intermediate-term trend has been DOWN since Nov 12th, 2024 at 270.44399
The short-term trend has been DOWN since Nov 12th, 2024 at 271.75034
Smart Scan Analysis for EURYER
Based on our trend formula, EURYER is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 264.61975 | 264.61975 | 264.61975 | 264.61975 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 264.61975 | 2024-11-19 11:28:06 |