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Forex Trend Analysis Report

Prepared for you on Monday, May 27, 2024.

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
271.06168 271.06168 270.58792 270.58792 -0.47376
Entry Signal

MarketClub’s Trade Triangles for EURYER

long term down The long-term trend has been DOWN since Apr 17th, 2024 at 268.00289

intermediate term up The intermediate-term trend has been UP since May 14th, 2024 at 269.79706

short term down The short-term trend has been DOWN since May 22nd, 2024 at 271.13973

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
271.06168 271.06168 270.58792 270.58792 -0.47376
Prev. Close Volume Bid Ask Time
271.06168 2024-05-23 15:30:34
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