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Forex Trend Analysis Report
Prepared for you on Thursday, April 18, 2024.
Euro/Yemeni Rials (FOREX:EURYER)
Long-Term Downtrend (-90) - EURYER is in a strong downtrend that is likely to continue. While EURYER is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 Apr 17th, 2024 at 268.00289
The intermediate-term trend has been DOWN since Apr 1st, 2024 at 271.84181
The short-term trend has been DOWN since Apr 17th, 2024 at 271.44638
Smart Scan Analysis for EURYER
Based on our trend formula, EURYER is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 267.28234 | 267.28234 | 267.28234 | 267.28234 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 267.28234 | 2024-04-17 18:05:38 |