Forex Trend Analysis Report
Prepared for you on Thursday, February 20, 2020.
Yemeni Rials/US Dollar (FOREX:YERUSD)
Bull Market Weakness (+75) - YERUSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on YERUSD as it may be in the beginning stages of a reversal.
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 Dec 16th, 2019 at 0.00399522
The intermediate-term trend has been UP since Feb 13th, 2020 at 0.00399522
The short-term trend has been UP since Jan 30th, 2020 at 0.00399483
Smart Scan Analysis for YERUSD
Based on our trend formula, YERUSD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).