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Forex Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

US Dollar/Ukrainian Hryvnia (FOREX:USDUAH)

Weak Uptrend (+65) - USDUAH is showing signs of weakening momentum to the upside. Monitor USDUAH as it may be in the beginning stages of a reversal.

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

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

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

FOREX_USDUAH
Open High Low USDUAH Price Change
39.426787 39.426787 39.426787 39.426787 0.000000
Entry Signal

MarketClub’s Trade Triangles for USDUAH

long term up The long-term trend has been UP since Dec 12th, 2023 at 36.991047

intermediate term up The intermediate-term trend has been UP since Mar 13th, 2024 at 38.413475

short term down The short-term trend has been DOWN since Apr 30th, 2024 at 39.575741

Smart Scan Analysis for USDUAH

Based on our trend formula, USDUAH is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for USDUAH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
39.426787 39.426787 39.426787 39.426787 0.000000
Prev. Close Volume Bid Ask Time
39.593951 2024-05-08 21:02:50
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