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Forex Trend Analysis Report

Prepared for you on Saturday, January 22, 2022.

US Dollar/Yemeni Rials (FOREX:USDYER)

Weak Uptrend (+65) - USDYER is showing signs of weakening momentum to the upside. Monitor USDYER as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid USDYER?

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

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

FOREX_USDYER
Open High Low USDYER Price Change
250.375 250.375 250.375 250.375 0.000
Entry Signal

MarketClub’s Trade Triangles for USDYER

long term up The long-term trend has been UP since Apr 19th, 2021 at 250.4

intermediate term down The intermediate-term trend has been DOWN since Jan 20th, 2022 at 250.2

short term up The short-term trend has been UP since Jan 21st, 2022 at 250.3

Smart Scan Analysis for USDYER

Based on our trend formula, USDYER is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for USDYER
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
250.375 250.375 250.375 250.375 0.000
Prev. Close Volume Bid Ask Time
250.375 2022-01-21 13:27:33
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