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Forex Trend Analysis Report
Prepared for you on Sunday, December 1, 2024.
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.
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MarketClub’s Trade Triangles for USDYER
The long-term trend has been DOWN since May 8th, 2024 at 248.800
The intermediate-term trend has been UP since Nov 25th, 2024 at 249.850
The short-term trend has been UP since Nov 19th, 2024 at 249.825
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 249.925 | 249.925 | 249.925 | 249.925 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 249.925 | 2024-11-25 14:05:28 |