Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for YERUSD
The long-term trend has been UP since May 8th, 2024 at 0.00401955
The intermediate-term trend has been UP since Oct 30th, 2024 at 0.00399443
The short-term trend has been DOWN since Nov 19th, 2024 at 0.00400287
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00400247 | 0.00400247 | 0.00400247 | 0.00400247 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00400247 | 2024-11-19 11:28:06 |