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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.
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MarketClub’s Trade Triangles for GBPYER
The long-term trend has been UP since Sep 30th, 2021 at 17118.21300
The intermediate-term trend has been DOWN since Jun 10th, 2022 at 308.80538
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).
| 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 |