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Forex Trend Analysis Report

Prepared for you on Friday, June 14, 2024.

Yemeni Rials/US Dollar (FOREX:YERUSD)

Sidelines Mode (+55) - YERUSD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid YERUSD?

MarketClub looks at technical strength and momentum to determine if the timing is right for YERUSD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_YERUSD
Open High Low YERUSD Price Change
0.00399443 0.00399443 0.00399443 0.00399443 0.00000000
Entry Signal

MarketClub’s Trade Triangles for YERUSD

long term up The long-term trend has been UP since May 8th, 2024 at 0.00401955

intermediate term down The intermediate-term trend has been DOWN since May 30th, 2024 at 0.00399363

short term up The short-term trend has been UP since Jun 4th, 2024 at 0.00399403

Smart Scan Analysis for YERUSD

Based on our trend formula, YERUSD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for YERUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00399443 0.00399443 0.00399443 0.00399443 0.00000000
Prev. Close Volume Bid Ask Time
0.00399443 2024-06-13 15:00:31
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