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Forex Trend Analysis Report

Prepared for you on Sunday, August 18, 2019.

Yemeni Rials/British Pound (FOREX:YERGBP)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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.

Open High Low YERGBP Price Change
0.003288 0.003291 0.003284 0.003290 +0.000002
Entry Signal

MarketClub’s Trade Triangles for YERGBP

long term up The long term trend has been UP since May 17th, 2019 at 0.003133

intermediate term up The intermediate term trend has been UP since Jul 5th, 2019 at 0.003193

short term down The short term trend has been DOWN since Aug 15th, 2019 at 0.003301

Smart Scan Analysis for YERGBP

Based on a pre-defined weighted trend formula for chart analysis, YERGBP scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for YERGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.003288 0.003291 0.003284 0.003290 +0.000002
Prev. Close Volume Bid Ask Time
0.003288 0.003290 0.003291 2019-08-18 22:22:16
Want to analyze Yemeni Rials/British Pound YERGBP or another symbol? Try our Free Forex Trend Analysis Report.