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Forex Trend Analysis Report

Prepared for you on Thursday, December 12, 2019.

Yemeni Rials/British Pound (FOREX:YERGBP)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.

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_YERGBP
Open High Low YERGBP Price Change
0.00303567 0.00305955 0.00302930 0.00305629 +0.00002100
Entry Signal

MarketClub’s Trade Triangles for YERGBP

long term down The long term trend has been DOWN since Oct 16th, 2019 at 0.00314500

intermediate term down The intermediate term trend has been DOWN since Oct 11th, 2019 at 0.00317500

short term up The short term trend has been UP since Dec 12th, 2019 at 0.00304784

Smart Scan Analysis for YERGBP

Based on a pre-defined weighted trend formula for chart analysis, YERGBP scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for YERGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00303567 0.00305955 0.00302930 0.00305629 +0.00002100
Prev. Close Volume Bid Ask Time
0.00303567 0.00305618 0.00305640 2019-12-12 14:37:54
Want to analyze Yemeni Rials/British Pound YERGBP or another symbol? Try our Free Forex Trend Analysis Report.