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Forex Trend Analysis Report

Prepared for you on Thursday, August 18, 2022.

Euro/Yemeni Rials (FOREX:EURYER)

Bear Market Rally (-75) - EURYER is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on EURYER as it may be in the beginning of a reversal.

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
254.56487 254.56487 254.56487 254.56487 0.00000
Entry Signal

MarketClub’s Trade Triangles for EURYER

long term down The long-term trend has been DOWN since Sep 29th, 2021 at 291.64875

intermediate term up The intermediate-term trend has been UP since Aug 10th, 2022 at 256.56609

short term down The short-term trend has been DOWN since Aug 15th, 2022 at 254.55840

Smart Scan Analysis for EURYER

Based on our trend formula, EURYER is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for EURYER
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
254.56487 254.56487 254.56487 254.56487 0.00000
Prev. Close Volume Bid Ask Time
254.56487 2022-08-16 13:19:36
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