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Forex Trend Analysis Report

Prepared for you on Tuesday, July 5, 2022.

British Pound/Yemeni Rials (FOREX:GBPYER)

Sidelines Mode (+55) - GBPYER is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

FOREX_GBPYER
Open High Low GBPYER Price Change
307.58736 307.58736 307.58736 307.58736 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPYER

long term up The long-term trend has been UP since Sep 30th, 2021 at 17118.21300

intermediate term down The intermediate-term trend has been DOWN since Jun 10th, 2022 at 308.80538

short term up The short-term trend has been UP since Jun 24th, 2022 at 305.88242

Smart Scan Analysis for GBPYER

Based on our trend formula, GBPYER is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for GBPYER
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
307.58736 307.58736 307.58736 307.58736 0.00000
Prev. Close Volume Bid Ask Time
307.58736 2022-06-27 13:07:20
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