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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.

FOREX_EURYER
Open High Low EURYER Price Change
295.75597 296.92772 295.43178 296.65222 +0.89625
Entry Signal

MarketClub’s Trade Triangles for EURYER

long term up The long-term trend has been UP since Jul 14th, 2020 at 285.87091

intermediate term up The intermediate-term trend has been UP since May 1st, 2020 at 275.09222

short term up 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).

+100
Smart Scan Analysis for EURYER
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
295.75597 296.92772 295.43178 296.65222 +0.89625
Prev. Close Volume Bid Ask Time
295.75597 296.00050 297.30394 2020-08-05 08:46:42
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