Forex Trend Analysis Report
Prepared for you on Wednesday, August 5, 2020.
Euro/Yemeni Rials (FOREX:EURYER)
Strong Uptrend (+100) - EURYER is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, EURYER continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for EURYER
The long-term trend has been UP since Jul 14th, 2020 at 285.87091
The intermediate-term trend has been UP since May 1st, 2020 at 275.09222
The short-term trend has been UP since Aug 5th, 2020 at 295.93422
Smart Scan Analysis for EURYER
Based on our trend formula, EURYER is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).