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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.

FOREX_YERUSD
Open High Low YERUSD Price Change
0.00399482 0.00399482 0.00399482 0.00399482 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 up The intermediate-term trend has been UP since Sep 30th, 2021 at 0.00398810

short term up 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).

-60
Smart Scan Analysis for YERUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00399482 0.00399482 0.00399482 0.00399482 0.00000000
Prev. Close Volume Bid Ask Time
0.00399482 2021-10-18 16:42:55
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