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Forex Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

US Dollar/Ukrainian Hryvnia (FOREX:USDUAH)

Countertrend Up (+85) - USDUAH is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
39.270523 39.270523 39.259775 39.259775 -0.010748
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 up The short-term trend has been UP since Mar 13th, 2024 at 38.323326

Smart Scan Analysis for USDUAH

Based on our trend formula, USDUAH is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for USDUAH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
39.270523 39.270523 39.259775 39.259775 -0.010748
Prev. Close Volume Bid Ask Time
39.270523 2024-03-29 03:30:08
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