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Forex Trend Analysis Report
Prepared for you on Wednesday, December 1, 2021.
Euro/Yemeni Rials (FOREX:EURYER)
Bear Market Rally (-75) - EURYER is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on EURYER as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid EURYER?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURYER.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for EURYER
The long-term trend has been DOWN since Sep 29th, 2021 at 291.64875
The intermediate-term trend has been DOWN since Nov 12th, 2021 at 289.39202
The short-term trend has been UP since Nov 30th, 2021 at 283.03221
Smart Scan Analysis for EURYER
Based on our trend formula, EURYER is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 284.48006 | 284.48006 | 283.03488 | 283.03488 | -1.44518 |
| Prev. Close | Volume | Bid | Ask | Time |
| 284.48006 | 2021-11-30 13:04:45 |