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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
British Pound/Yemeni Rials (FOREX:GBPYER)
Sidelines Mode (+50) - GBPYER is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until GBPYER can gain momentum.
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 DOWN since Nov 13th, 2024 at 317.88458
The intermediate-term trend has been UP since Feb 14th, 2025 at 309.38031
The short-term trend has been UP since Feb 3rd, 2025 at 304.51284
Smart Scan Analysis for GBPYER
Based on our trend formula, GBPYER is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 312.4309 | 312.4309 | 312.4309 | 312.4309 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 312.4309 | 2025-02-21 15:24:24 |