Forex Trend Analysis Report
Prepared for you on Tuesday, October 26, 2021.
Euro/Yemeni Rials (FOREX:EURYER)
Countertrend Down (-85) - EURYER is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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 29th, 2021 at 291.64875
The intermediate-term trend has been DOWN since Sep 29th, 2021 at 292.73819
The short-term trend has been UP since Oct 14th, 2021 at 289.61888
Smart Scan Analysis for EURYER
Based on our trend formula, EURYER is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).