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.
MarketClub’s Trade Triangles for CUPEUR
The long-term trend has been DOWN since Jun 24th, 2020 at 0.8927000
The intermediate-term trend has been DOWN since Jun 24th, 2020 at 0.8927000
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).