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Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

Uruguayan Peso/Euro (FOREX:UYUEUR)

Long-Term Uptrend (+90) - UYUEUR is in a strong uptrend that is likely to continue. While UYUEUR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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.

FOREX_UYUEUR
Open High Low UYUEUR Price Change
0.024630 0.024735 0.024625 0.024705 +0.000075
Entry Signal

MarketClub’s Trade Triangles for UYUEUR

long term up The long-term trend has been UP since Feb 23rd, 2024 at 0.023875

intermediate term up The intermediate-term trend has been UP since Mar 20th, 2024 at 0.024000

short term up The short-term trend has been UP since Mar 11th, 2024 at 0.023600

Smart Scan Analysis for UYUEUR

Based on our trend formula, UYUEUR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for UYUEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.024630 0.024735 0.024625 0.024705 +0.000075
Prev. Close Volume Bid Ask Time
0.024630 2024-03-28 08:19:35
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