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Forex Trend Analysis Report

Prepared for you on Thursday, February 27, 2020.

US Dollar/Yemeni Rials (FOREX:USDYER)

Strong Downtrend (-100) - USDYER is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid USDYER?

MarketClub looks at technical strength and momentum to determine if the timing is right for USDYER.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_USDYER
Open High Low USDYER Price Change
250.225 250.225 250.225 250.225 0.000
Entry Signal

MarketClub’s Trade Triangles for USDYER

long term down The long-term trend has been DOWN since Dec 16th, 2019 at 250.300

intermediate term down The intermediate-term trend has been DOWN since Feb 13th, 2020 at 250.300

short term down The short-term trend has been DOWN since Feb 25th, 2020 at 250.325

Smart Scan Analysis for USDYER

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

-100
Smart Scan Analysis for USDYER
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
250.225 250.225 250.225 250.225 0.000
Prev. Close Volume Bid Ask Time
250.225 249.700 250.750 2020-02-25 17:13:33
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