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Forex Trend Analysis Report

Prepared for you on Friday, November 16, 2018.

Uruguayan Peso/US Dollar (FOREX:UYUUSD)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_UYUUSD
Open High Low UYUUSD Price Change
0.030630 0.030690 0.030545 0.030690 +0.000060
Entry Signal

MarketClub’s Trade Triangles for UYUUSD

long term down The long term trend has been DOWN since May 7th, 2018 at 0.034815

intermediate term up The intermediate term trend has been UP since Oct 21st, 2018 at 0.030597

short term up The short term trend has been UP since Nov 12th, 2018 at 0.030630

Smart Scan Analysis for UYUUSD

Based on a pre-defined weighted trend formula for chart analysis, UYUUSD scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for UYUUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.030630 0.030690 0.030545 0.030690 +0.000060
Prev. Close Volume Bid Ask Time
0.030630 0.030192 0.031189 2018-11-15 20:42:56
Want to analyze Uruguayan Peso/US Dollar UYUUSD or another symbol? Try our Free Forex Trend Analysis Report.