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.
MarketClub’s Trade Triangles for EURYER
The long-term trend has been DOWN since Sep 15th, 2023 at 267.43739
The intermediate-term trend has been DOWN since Sep 22nd, 2023 at 266.94927
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).