Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, January 24, 2025.
Yemeni Rials/British Pound (FOREX:YERGBP)
Bull Market Weakness (+75) - YERGBP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on YERGBP as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid YERGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for YERGBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for YERGBP
The long-term trend has been UP since Nov 13th, 2024 at 0.00314581
The intermediate-term trend has been UP since Jan 7th, 2025 at 0.00319569
The short-term trend has been UP since Jan 6th, 2025 at 0.00314448
Smart Scan Analysis for YERGBP
Based on our trend formula, YERGBP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00328394 | 0.00329516 | 0.00328394 | 0.00329516 | +0.00001100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00324895 | 2025-01-17 17:42:36 |