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Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

Yemeni Rials/US Dollar (FOREX:YERUSD)

Bear Market Rally (-75) - YERUSD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on YERUSD as it may be in the beginning 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
0.00399522 0.00399522 0.00399522 0.00399522 0.00000000
Entry Signal

MarketClub’s Trade Triangles for YERUSD

long term down The long-term trend has been DOWN since May 8th, 2020 at 0.00399403

intermediate term down The intermediate-term trend has been DOWN since Apr 1st, 2020 at 0.00399442

short term up The short-term trend has been UP since Jun 1st, 2020 at 0.00399483

Smart Scan Analysis for YERUSD

Based on our trend formula, YERUSD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for YERUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00399522 0.00399522 0.00399522 0.00399522 0.00000000
Prev. Close Volume Bid Ask Time
0.00399522 0.00398724 0.00400320 2020-06-01 16:47:59
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