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Forex Trend Analysis Report

Prepared for you on Friday, February 26, 2021.

British Pound/Yemeni Rials (FOREX:GBPYER)

Bull Market Weakness (+75) - GBPYER is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPYER as it may be in the beginning stages of a reversal.

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
349.33572 349.84606 348.21462 348.63901 -0.69671
Entry Signal

MarketClub’s Trade Triangles for GBPYER

long term up The long-term trend has been UP since Feb 8th, 2021 at 344.51673

intermediate term up The intermediate-term trend has been UP since Feb 8th, 2021 at 344.51673

short term down The short-term trend has been DOWN since Feb 25th, 2021 at 350.08780

Smart Scan Analysis for GBPYER

Based on our trend formula, GBPYER is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for GBPYER
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
349.33572 349.84606 348.21462 348.63901 -0.69671
Prev. Close Volume Bid Ask Time
349.33572 2021-02-26 05:37:56
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