Forex Trend Analysis Report
Prepared for you on Tuesday, October 19, 2021.
Yemeni Rials/US Dollar (FOREX:YERUSD)
Crossroads (-60) - YERUSD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
MarketClub’s Trade Triangles for YERUSD
The long-term trend has been DOWN since Apr 19th, 2021 at 0.00399363
The intermediate-term trend has been UP since Sep 30th, 2021 at 0.00398810
The short-term trend has been UP since Sep 30th, 2021 at 0.00398691
Smart Scan Analysis for YERUSD
Based on our trend formula, YERUSD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).