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Forex Trend Analysis Report
Prepared for you on Monday, March 20, 2023.
Yemeni Rials/British Pound (FOREX:YERGBP)
Strong Downtrend (-100) - YERGBP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, YERGBP continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid YERGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for YERGBP.
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 YERGBP
The long-term trend has been DOWN since Dec 13th, 2022 at 0.00324985
The intermediate-term trend has been DOWN since Mar 14th, 2023 at 0.00329879
The short-term trend has been DOWN since Mar 9th, 2023 at 0.00334994
Smart Scan Analysis for YERGBP
Based on our trend formula, YERGBP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00328235 | 0.00328235 | 0.00328235 | 0.00328235 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00328235 | 2023-03-17 13:12:09 |