Analyze Symbol
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.
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MarketClub’s Trade Triangles for GBPYER
The long term trend has been DOWN since May 17th, 2019 at 319.180
The intermediate term trend has been DOWN since May 15th, 2019 at 322.090
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).
| 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 |