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Forex Trend Analysis Report

Prepared for you on Tuesday, October 15, 2024.

Yemeni Rials/British Pound (FOREX:YERGBP)

Crossroads (-60) - YERGBP 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 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.

FOREX_YERGBP
Open High Low YERGBP Price Change
0.00305611 0.00305611 0.00305611 0.00305611 0.00000000
Entry Signal

MarketClub’s Trade Triangles for YERGBP

long term down The long-term trend has been DOWN since Jul 5th, 2024 at 0.00312052

intermediate term up The intermediate-term trend has been UP since Oct 10th, 2024 at 0.00304647

short term up The short-term trend has been UP since Oct 3rd, 2024 at 0.00300722

Smart Scan Analysis for YERGBP

Based on our trend formula, YERGBP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for YERGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00305611 0.00305611 0.00305611 0.00305611 0.00000000
Prev. Close Volume Bid Ask Time
0.00305611 2024-10-11 17:08:08
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