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Forex Trend Analysis Report

Prepared for you on Tuesday, January 18, 2022.

Yemeni Rials/US Dollar (FOREX:YERUSD)

Long-Term Downtrend (-90) - YERUSD is in a strong downtrend that is likely to continue. While YERUSD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
0.00399521 0.00399521 0.00399521 0.00399521 0.00000000
Entry Signal

MarketClub’s Trade Triangles for YERUSD

long term down The long-term trend has been DOWN since Apr 19th, 2021 at 0.00399363

intermediate term down The intermediate-term trend has been DOWN since Nov 29th, 2021 at 0.00399561

short term down The short-term trend has been DOWN since Jan 10th, 2022 at 0.00399521

Smart Scan Analysis for YERUSD

Based on our trend formula, YERUSD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for YERUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00399521 0.00399521 0.00399521 0.00399521 0.00000000
Prev. Close Volume Bid Ask Time
0.00399521 2022-01-14 11:21:47
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