Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

Ukrainian Hryvnia/US Dollar (FOREX:UAHUSD)

Bear Market Rally (-75) - UAHUSD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on UAHUSD as it may be in the beginning of a reversal.

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

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

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

FOREX_UAHUSD
Open High Low UAHUSD Price Change
0.02529242 0.02539164 0.02529242 0.02539164 +0.00009900
Entry Signal

MarketClub’s Trade Triangles for UAHUSD

long term down The long-term trend has been DOWN since Dec 12th, 2023 at 0.02703512

intermediate term down The intermediate-term trend has been DOWN since Mar 13th, 2024 at 0.02603388

short term up The short-term trend has been UP since Apr 23rd, 2024 at 0.02536034

Smart Scan Analysis for UAHUSD

Based on our trend formula, UAHUSD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for UAHUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02529242 0.02539164 0.02529242 0.02539164 +0.00009900
Prev. Close Volume Bid Ask Time
0.02529242 2024-04-23 21:01:41
Get a free daily analysis and signals for Ukrainian Hryvnia/US Dollar (UAHUSD) - Request Your Free Report.