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Forex Trend Analysis Report

Prepared for you on Wednesday, November 29, 2023.

Yemeni Rials/British Pound (FOREX:YERGBP)

Weak Downtrend (-65) - YERGBP is showing signs of a strengthening downtrend. Monitor YERGBP as it may be building momentum to the downside.

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
0.0031523 0.0031523 0.0031523 0.0031523 0.0000000
Entry Signal

MarketClub’s Trade Triangles for YERGBP

long term up The long-term trend has been UP since Sep 15th, 2023 at 0.00321675

intermediate term down The intermediate-term trend has been DOWN since Nov 28th, 2023 at 0.00317126

short term down The short-term trend has been DOWN since Nov 28th, 2023 at 0.00317126

Smart Scan Analysis for YERGBP

Based on our trend formula, YERGBP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for YERGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0031523 0.0031523 0.0031523 0.0031523 0.0000000
Prev. Close Volume Bid Ask Time
0.0031523 2023-11-28 17:17:42
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