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Forex Trend Analysis Report

Prepared for you on Monday, April 6, 2020.

Yemeni Rials/British Pound (FOREX:YERGBP)

Countertrend Up (+85) - YERGBP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
0.00326388 0.00327025 0.00324121 0.00326519 +0.00000100
Entry Signal

MarketClub’s Trade Triangles for YERGBP

long term up The long-term trend has been UP since Feb 28th, 2020 at 0.00312815

intermediate term up The intermediate-term trend has been UP since Mar 12th, 2020 at 0.00313793

short term up The short-term trend has been UP since Apr 3rd, 2020 at 0.00325066

Smart Scan Analysis for YERGBP

Based on our trend formula, YERGBP is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for YERGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00326388 0.00327025 0.00324121 0.00326519 +0.00000100
Prev. Close Volume Bid Ask Time
0.00326388 0.00326474 0.00326565 2020-04-06 17:37:23
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