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Forex Trend Analysis Report

Prepared for you on Thursday, September 28, 2023.

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.

FOREX_EURYER
Open High Low EURYER Price Change
263.19248 263.19248 263.19248 263.19248 0.00000
Entry Signal

MarketClub’s Trade Triangles for EURYER

long term down The long-term trend has been DOWN since Sep 15th, 2023 at 267.43739

intermediate term down The intermediate-term trend has been DOWN since Sep 22nd, 2023 at 266.94927

short term down The short-term trend has been DOWN since Sep 22nd, 2023 at 267.35227

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).

-100
Smart Scan Analysis for EURYER
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
263.19248 263.19248 263.19248 263.19248 0.00000
Prev. Close Volume Bid Ask Time
263.19248 2023-09-27 12:01:47
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