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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Yemeni Rials/British Pound (FOREX:YERGBP)

Bull Market Weakness (+75) - YERGBP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on YERGBP as it may be in the beginning stages 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
0.00315719 0.00315719 0.00315719 0.00315719 0.00000000
Entry Signal

MarketClub’s Trade Triangles for YERGBP

long term up The long-term trend has been UP since Nov 13th, 2024 at 0.00314581

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 Nov 1st, 2024 at 0.00307742

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
0.00315719 0.00315719 0.00315719 0.00315719 0.00000000
Prev. Close Volume Bid Ask Time
0.00315719 2024-11-19 11:28:06
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