Forex Trend Analysis Report
Prepared for you on Sunday, January 19, 2020.
Euro/Yemeni Rials (FOREX:EURYER)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for EURYER
The long term trend has been UP since Dec 12th, 2019 at 280.20424
The intermediate term trend has been UP since Dec 4th, 2019 at 277.79627
The short term trend has been DOWN since Jan 17th, 2020 at 277.98911
Smart Scan Analysis for EURYER
Based on a pre-defined weighted trend formula for chart analysis, EURYER scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).