Forex Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
US Dollar/Yemeni Rials (FOREX:USDYER)
Weak Uptrend (+65) - USDYER is showing signs of weakening momentum to the upside. Monitor USDYER as it may be in the beginning stages of a reversal.
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 May 8th, 2020 at 250.375
The intermediate-term trend has been UP since Apr 1st, 2020 at 250.350
The short-term trend has been DOWN since May 13th, 2020 at 250.350
Smart Scan Analysis for USDYER
Based on our trend formula, USDYER is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).