Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Euro/Ukrainian Hryvnia (FOREX:EURUAH)

Strong Uptrend (+100) - EURUAH is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, EURUAH continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid EURUAH?

MarketClub looks at technical strength and momentum to determine if the timing is right for EURUAH.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_EURUAH
Open High Low EURUAH Price Change
42.356 42.356 42.356 42.356 0.000
Entry Signal

MarketClub’s Trade Triangles for EURUAH

long term up The long-term trend has been UP since Dec 11th, 2023 at 39.6655

intermediate term up The intermediate-term trend has been UP since Apr 26th, 2024 at 42.3807

short term up The short-term trend has been UP since May 8th, 2024 at 42.3108

Smart Scan Analysis for EURUAH

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

+100
Smart Scan Analysis for EURUAH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
42.356 42.356 42.356 42.356 0.000
Prev. Close Volume Bid Ask Time
42.356 2024-05-08 21:02:50
Get a free daily analysis and signals for Euro/Ukrainian Hryvnia (EURUAH) - Request Your Free Report.