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Forex Trend Analysis Report

Prepared for you on Thursday, October 17, 2019.

Euro/Yemeni Rials (FOREX:EURYER)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_EURYER
Open High Low EURYER Price Change
277.31777 278.64648 277.02165 278.47627 +1.15850
Entry Signal

MarketClub’s Trade Triangles for EURYER

long term down The long term trend has been DOWN since May 1st, 2018 at 302.04500

intermediate term up The intermediate term trend has been UP since Oct 16th, 2019 at 276.67500

short term up The short term trend has been UP since Oct 16th, 2019 at 276.42949

Smart Scan Analysis for EURYER

Based on a pre-defined weighted trend formula for chart analysis, EURYER scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for EURYER
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
277.31777 278.64648 277.02165 278.47627 +1.15850
Prev. Close Volume Bid Ask Time
277.31777 278.46876 278.48378 2019-10-17 18:36:33
Want to analyze Euro/Yemeni Rials EURYER or another symbol? Try our Free Forex Trend Analysis Report.