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Forex Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
Uruguayan Peso/British Pound (FOREX:UYUGBP)
Sidelines Mode (-55) - UYUGBP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid UYUGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for UYUGBP.
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 UYUGBP
The long-term trend has been UP since Mar 28th, 2024 at 0.02049142
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 0.02069775
The short-term trend has been UP since Apr 21st, 2024 at 0.02076485
Smart Scan Analysis for UYUGBP
Based on our trend formula, UYUGBP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.0209473 | 0.0209473 | 0.0209473 | 0.0209473 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.0209473 | 2024-04-24 21:01:00 |