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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Uruguayan Peso/US Dollar (FOREX:UYUUSD)
Weak Downtrend (-65) - UYUUSD is showing signs of a strengthening downtrend. Monitor UYUUSD as it may be building momentum to the downside.
Is it time to buy, sell, or avoid UYUUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for UYUUSD.
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 UYUUSD
The long-term trend has been UP since Feb 26th, 2024 at 0.02584500
The intermediate-term trend has been DOWN since Apr 12th, 2024 at 0.02586502
The short-term trend has been DOWN since May 7th, 2024 at 0.02613717
Smart Scan Analysis for UYUUSD
Based on our trend formula, UYUUSD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.025885 | 0.025895 | 0.025885 | 0.025885 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.025885 | 2024-05-09 01:58:23 |