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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.

FOREX_EURYER
Open High Low EURYER Price Change
291.3356 291.4472 291.3356 291.4472 +0.1116
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 down The intermediate-term trend has been DOWN since Sep 29th, 2021 at 292.73819

short term up 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).

-85
Smart Scan Analysis for EURYER
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
291.3356 291.4472 291.3356 291.4472 +0.1116
Prev. Close Volume Bid Ask Time
290.5779 2021-10-21 11:17:16
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