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.
MarketClub’s Trade Triangles for YERGBP
The long-term trend has been UP since Feb 28th, 2020 at 0.00312815
The intermediate-term trend has been UP since Mar 12th, 2020 at 0.00313793
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).