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Forex Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
British Pound/Yemeni Rials (FOREX:GBPYER)
Weak Downtrend (-65) - GBPYER is showing signs of a strengthening downtrend. Monitor GBPYER as it may be building momentum to the downside.
Is it time to buy, sell, or avoid GBPYER?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPYER.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for GBPYER
The long-term trend has been UP since Jul 5th, 2024 at 320.46154
The intermediate-term trend has been DOWN since Oct 10th, 2024 at 328.24988
The short-term trend has been DOWN since Oct 3rd, 2024 at 332.53407
Smart Scan Analysis for GBPYER
Based on our trend formula, GBPYER is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 324.8156 | 324.8156 | 324.8156 | 324.8156 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 324.8156 | 2024-10-24 15:01:15 |