Forex Trend Analysis Report
Prepared for you on Saturday, November 27, 2021.
US Dollar/Yemeni Rials (FOREX:USDYER)
Crossroads (-60) - USDYER is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
MarketClub’s Trade Triangles for USDYER
The long-term trend has been UP since Apr 19th, 2021 at 250.400
The intermediate-term trend has been DOWN since Sep 30th, 2021 at 250.750
The short-term trend has been DOWN since Sep 30th, 2021 at 250.825
Smart Scan Analysis for USDYER
Based on our trend formula, USDYER is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).