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Forex Trend Analysis Report

Prepared for you on Thursday, November 30, 2023.

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.

FOREX_GBPYER
Open High Low GBPYER Price Change
317.94018 317.94018 317.94018 317.94018 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPYER

long term down The long-term trend has been DOWN since Sep 15th, 2023 at 310.87375

intermediate term up The intermediate-term trend has been UP since Nov 28th, 2023 at 315.33291

short term up The short-term trend has been UP since Nov 28th, 2023 at 315.33291

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).

+50
Smart Scan Analysis for GBPYER
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
317.94018 317.94018 317.94018 317.94018 0.00000
Prev. Close Volume Bid Ask Time
317.94018 2023-11-29 22:05:58
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