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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.

FOREX_EURYER
Open High Low EURYER Price Change
284.48006 284.48006 283.03488 283.03488 -1.44518
Entry Signal

MarketClub’s Trade Triangles for EURYER

long term down The long-term trend has been DOWN since Sep 29th, 2021 at 291.64875

intermediate term down The intermediate-term trend has been DOWN since Nov 12th, 2021 at 289.39202

short term up 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).

-75
Smart Scan Analysis for EURYER
Strong Downtrend Sideways 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
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