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Forex Trend Analysis Report

Prepared for you on Friday, May 7, 2021.

Yemeni Rials/US Dollar (FOREX:YERUSD)

Strong Downtrend (-100) - YERUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. 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
0.00399323 0.00399323 0.00399323 0.00399323 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 Apr 19th, 2021 at 0.00399363

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

Smart Scan Analysis for YERUSD

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

-100
Smart Scan Analysis for YERUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00399323 0.00399323 0.00399323 0.00399323 0.00000000
Prev. Close Volume Bid Ask Time
0.00399323 2021-05-06 12:01:29
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