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Forex Trend Analysis Report

Prepared for you on Saturday, May 25, 2019.

British Pound/Yemeni Rials (FOREX:GBPYER)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_GBPYER
Open High Low GBPYER Price Change
317.935 318.280 317.935 318.280 +0.345
Entry Signal

MarketClub’s Trade Triangles for GBPYER

long term down The long term trend has been DOWN since May 17th, 2019 at 319.180

intermediate term down The intermediate term trend has been DOWN since May 15th, 2019 at 322.090

short term down The short term trend has been DOWN since May 8th, 2019 at 326.455

Smart Scan Analysis for GBPYER

Based on a pre-defined weighted trend formula for chart analysis, GBPYER scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for GBPYER
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
317.935 318.280 317.935 318.280 +0.345
Prev. Close Volume Bid Ask Time
317.935 318.230 318.330 2019-05-25 15:26:14
Want to analyze British Pound/Yemeni Rials GBPYER or another symbol? Try our Free Forex Trend Analysis Report.