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Forex Trend Analysis Report

Prepared for you on Tuesday, August 11, 2020.

British Pound/Yemeni Rials (FOREX:GBPYER)

Strong Uptrend (+100) - GBPYER is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, GBPYER 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 GBPYER?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPYER.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPYER
Open High Low GBPYER Price Change
327.57703 328.67003 326.55229 326.87136 -0.70567
Entry Signal

MarketClub’s Trade Triangles for GBPYER

long term up The long-term trend has been UP since Jul 24th, 2020 at 320.72578

intermediate term up The intermediate-term trend has been UP since Jul 20th, 2020 at 317.09166

short term up The short-term trend has been UP since Aug 5th, 2020 at 328.42147

Smart Scan Analysis for GBPYER

Based on our trend formula, GBPYER is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for GBPYER
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
327.57703 328.67003 326.55229 326.87136 -0.70567
Prev. Close Volume Bid Ask Time
327.57703 326.15325 327.58948 2020-08-11 20:51:41
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