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Forex Trend Analysis Report

Prepared for you on Wednesday, July 17, 2019.

Euro/Yemeni Rials (FOREX:EURYER)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
280.655 281.205 280.430 281.020 +0.365
Entry Signal

MarketClub’s Trade Triangles for EURYER

long term down The long term trend has been DOWN since May 1st, 2018 at 302.045

intermediate term down The intermediate term trend has been DOWN since Jul 9th, 2019 at 279.965

short term down The short term trend has been DOWN since Jul 16th, 2019 at 281.405

Smart Scan Analysis for EURYER

Based on a pre-defined weighted trend formula for chart analysis, EURYER scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for EURYER
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
280.655 281.205 280.430 281.020 +0.365
Prev. Close Volume Bid Ask Time
280.655 280.980 281.060 2019-07-17 20:27:07
Want to analyze Euro/Yemeni Rials EURYER or another symbol? Try our Free Forex Trend Analysis Report.