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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Euro/Cuban Peso (FOREX:EURCUP)
Crossroads (-60) - EURCUP 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 EURCUP?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURCUP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for EURCUP
The long-term trend has been DOWN since Apr 17th, 2024 at 25.699
The intermediate-term trend has been UP since May 5th, 2024 at 25.747
The short-term trend has been UP since Apr 25th, 2024 at 25.652
Smart Scan Analysis for EURCUP
Based on our trend formula, EURCUP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 25.797 | 25.797 | 25.797 | 25.797 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 25.797 | 2024-05-08 21:02:47 |