Free Daily Analysis

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.

FOREX_YERUSD
Open High Low YERUSD Price Change
0.00399483 0.00399483 0.00399483 0.00399483 0.00000000
Entry Signal

MarketClub’s Trade Triangles for YERUSD

long term up The long-term trend has been UP since Dec 16th, 2019 at 0.00399522

intermediate term up The intermediate-term trend has been UP since Feb 13th, 2020 at 0.00399522

short term up 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).

+70
Smart Scan Analysis for YERUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00399483 0.00399483 0.00399483 0.00399483 0.00000000
Prev. Close Volume Bid Ask Time
0.00399442 0.00398645 0.00400320 2020-02-18 14:57:09
Get a free daily analysis and signals for Yemeni Rials/US Dollar (YERUSD) - Request Your Free Report.