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Forex Trend Analysis Report

Prepared for you on Tuesday, October 8, 2024.

Euro/Yemeni Rials (FOREX:EURYER)

Weak Downtrend (-65) - EURYER is showing signs of a strengthening downtrend. Monitor EURYER as it may be building momentum to the downside.

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
275.82502 275.82502 275.82502 275.82502 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 down The intermediate-term trend has been DOWN since Sep 9th, 2024 at 277.13051

short term down The short-term trend has been DOWN since Oct 1st, 2024 at 278.49157

Smart Scan Analysis for EURYER

Based on our trend formula, EURYER is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for EURYER
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
275.82502 275.82502 275.82502 275.82502 0.00000
Prev. Close Volume Bid Ask Time
274.71683 2024-10-03 11:50:50
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