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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Uruguayan Peso/Euro (FOREX:UYUEUR)
Weak Uptrend (+65) - UYUEUR is showing signs of weakening momentum to the upside. Monitor UYUEUR as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid UYUEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for UYUEUR.
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 UYUEUR
The long-term trend has been UP since Feb 23rd, 2024 at 0.023875
The intermediate-term trend has been UP since Apr 29th, 2024 at 0.024490
The short-term trend has been DOWN since May 8th, 2024 at 0.024175
Smart Scan Analysis for UYUEUR
Based on our trend formula, UYUEUR is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.02409 | 0.02410 | 0.02408 | 0.02410 | +0.00001 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.02409 | 2024-05-09 01:58:23 |