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Forex Trend Analysis Report

Prepared for you on Tuesday, March 2, 2021.

Euro/Yemeni Rials (FOREX:EURYER)

Long-Term Downtrend (-90) - EURYER is in a strong downtrend that is likely to continue. While EURYER is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
300.98867 301.33640 300.31974 301.31881 +0.33014
Entry Signal

MarketClub’s Trade Triangles for EURYER

long term down The long-term trend has been DOWN since Feb 2nd, 2021 at 290.98556

intermediate term down The intermediate-term trend has been DOWN since Mar 1st, 2021 at 300.94198

short term down The short-term trend has been DOWN since Feb 26th, 2021 at 303.18811

Smart Scan Analysis for EURYER

Based on our trend formula, EURYER is rated as a -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
300.98867 301.33640 300.31974 301.31881 +0.33014
Prev. Close Volume Bid Ask Time
300.98867 2021-03-02 08:06:23
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