Forex Trend Analysis Report
Prepared for you on Thursday, February 25, 2021.
Euro/Yemeni Rials (FOREX:EURYER)
Bull Market Weakness (+75) - EURYER is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on EURYER as it may be in the beginning stages 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.
MarketClub’s Trade Triangles for EURYER
The long-term trend has been DOWN since Feb 2nd, 2021 at 290.98556
The intermediate-term trend has been UP since Feb 22nd, 2021 at 304.68844
The short-term trend has been UP since Feb 22nd, 2021 at 304.06259
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).