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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Yemeni Rials/British Pound (FOREX:YERGBP)
Long-Term Downtrend (-90) - YERGBP is in a strong downtrend that is likely to continue. While YERGBP is showing intraday strength, it remains in the confines of a bearish trend. 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 Jul 5th, 2024 at 0.00312052
The intermediate-term trend has been DOWN since Jul 5th, 2024 at 0.00312052
The short-term trend has been DOWN since Jul 5th, 2024 at 0.00314772
Smart Scan Analysis for YERGBP
Based on our trend formula, YERGBP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00307164 | 0.00307164 | 0.00307164 | 0.00307164 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00310125 | 2024-07-17 12:09:56 |