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Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

Euro/Yemeni Rials (FOREX:EURYER)

Sidelines Mode (+55) - EURYER is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
271.84181 271.84181 271.84181 271.84181 0.00000
Entry Signal

MarketClub’s Trade Triangles for EURYER

long term up The long-term trend has been UP since Dec 14th, 2023 at 274.75729

intermediate term up The intermediate-term trend has been UP since Feb 26th, 2024 at 270.94156

short term down The short-term trend has been DOWN since Mar 14th, 2024 at 272.93689

Smart Scan Analysis for EURYER

Based on our trend formula, EURYER is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for EURYER
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
271.84181 271.84181 271.84181 271.84181 0.00000
Prev. Close Volume Bid Ask Time
271.01261 2024-03-19 12:08:27
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