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Forex Trend Analysis Report

Prepared for you on Monday, March 1, 2021.

Yemeni Rials/British Pound (FOREX:YERGBP)

Bear Market Rally (-75) - YERGBP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on YERGBP as it may be in the beginning of a reversal.

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
0.00285794 0.00287199 0.00285310 0.00286912 +0.00001100
Entry Signal

MarketClub’s Trade Triangles for YERGBP

long term down The long-term trend has been DOWN since Feb 8th, 2021 at 0.00290263

intermediate term down The intermediate-term trend has been DOWN since Feb 8th, 2021 at 0.00290263

short term up The short-term trend has been UP since Feb 25th, 2021 at 0.00285638

Smart Scan Analysis for YERGBP

Based on our trend formula, YERGBP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for YERGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00285794 0.00287199 0.00285310 0.00286912 +0.00001100
Prev. Close Volume Bid Ask Time
0.00285794 2021-03-01 14:09:23
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