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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Euro/Yemeni Rials (FOREX:EURYER)

Countertrend Up (+85) - EURYER 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 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
273.63606 273.63606 273.63606 273.63606 0.00000
Entry Signal

MarketClub’s Trade Triangles for EURYER

long term up The long-term trend has been UP since Jul 15th, 2024 at 272.72777

intermediate term up The intermediate-term trend has been UP since Jul 5th, 2024 at 270.58792

short term up The short-term trend has been UP since Jul 5th, 2024 at 268.76208

Smart Scan Analysis for EURYER

Based on our trend formula, EURYER is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for EURYER
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
273.63606 273.63606 273.63606 273.63606 0.00000
Prev. Close Volume Bid Ask Time
271.86543 2024-07-17 12:09:56
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