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Forex Trend Analysis Report

Prepared for you on Thursday, August 13, 2020.

Cuban Peso/Euro (FOREX:CUPEUR)

Long-Term Downtrend (-90) - CUPEUR is in a strong downtrend that is likely to continue. While CUPEUR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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

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

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

FOREX_CUPEUR
Open High Low CUPEUR Price Change
0.8494474 0.8494474 0.8494474 0.8494474 0.0000000
Entry Signal

MarketClub’s Trade Triangles for CUPEUR

long term down The long-term trend has been DOWN since Jun 24th, 2020 at 0.8927000

intermediate term down The intermediate-term trend has been DOWN since Jun 24th, 2020 at 0.8927000

short term down The short-term trend has been DOWN since Jul 9th, 2020 at 0.8871524

Smart Scan Analysis for CUPEUR

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

-90
Smart Scan Analysis for CUPEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.8494474 0.8494474 0.8494474 0.8494474 0.0000000
Prev. Close Volume Bid Ask Time
0.8494474 0.8278146 0.8710801 2020-08-12 21:24:29
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