Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

US Dollar/Cuban Peso (FOREX:USDCUP)

Bull Market Weakness (+75) - USDCUP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on USDCUP as it may be in the beginning stages of a reversal.

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

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

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

FOREX_USDCUP
Open High Low USDCUP Price Change
23.93446 23.93446 23.93446 23.93446 0.00000
Entry Signal

MarketClub’s Trade Triangles for USDCUP

long term up The long-term trend has been UP since Apr 10th, 2024 at 24.148361

intermediate term up The intermediate-term trend has been UP since Apr 10th, 2024 at 24.074747

short term up The short-term trend has been UP since Apr 10th, 2024 at 24.011416

Smart Scan Analysis for USDCUP

Based on our trend formula, USDCUP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for USDCUP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23.93446 23.93446 23.93446 23.93446 0.00000
Prev. Close Volume Bid Ask Time
23.93446 2024-04-17 19:38:08
Get a free daily analysis and signals for US Dollar/Cuban Peso (USDCUP) - Request Your Free Report.