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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

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 ?

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
326.47728 326.69573 325.35890 325.52786 -0.94942
Entry Signal

MarketClub’s Trade Triangles for GBPYER

long term up The long-term trend has been UP since Oct 16th, 2019 at 317.92000

intermediate term down The intermediate-term trend has been DOWN since Dec 25th, 2019 at 322.92233

short term down The short-term trend has been DOWN since Feb 17th, 2020 at 325.54959

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).

-70
Smart Scan Analysis for GBPYER
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
326.47728 326.69573 325.35890 325.52786 -0.94942
Prev. Close Volume Bid Ask Time
326.47728 325.37764 325.67808 2020-02-17 17:35:10
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