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Forex Trend Analysis Report

Prepared for you on Tuesday, February 7, 2023.

Yemeni Rials/US Dollar (FOREX:YERUSD)

Weak Downtrend (-65) - YERUSD is showing signs of a strengthening downtrend. Monitor YERUSD as it may be building momentum to the downside.

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

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

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

FOREX_YERUSD
Open High Low YERUSD Price Change
0.00399322 0.00399322 0.00399322 0.00399322 0.00000000
Entry Signal

MarketClub’s Trade Triangles for YERUSD

long term up The long-term trend has been UP since Dec 6th, 2022 at 0.00399801

intermediate term down The intermediate-term trend has been DOWN since Jan 23rd, 2023 at 0.00399403

short term down The short-term trend has been DOWN since Jan 12th, 2023 at 0.00399562

Smart Scan Analysis for YERUSD

Based on our trend formula, YERUSD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for YERUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00399322 0.00399322 0.00399322 0.00399322 0.00000000
Prev. Close Volume Bid Ask Time
0.00399322 2023-02-06 14:11:17
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