Forex Trend Analysis Report
Prepared for you on Wednesday, August 10, 2022.
Cuban Peso/US Dollar (FOREX:CUPUSD)
Long-Term Downtrend (-90) - CUPUSD is in a strong downtrend that is likely to continue. While CUPUSD 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 CUPUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for CUPUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CUPUSD
The long-term trend has been DOWN since Aug 7th, 2022 at 0.04155620
The intermediate-term trend has been DOWN since Jul 18th, 2022 at 0.04165967
The short-term trend has been DOWN since Jul 18th, 2022 at 0.04165967
Smart Scan Analysis for CUPUSD
Based on our trend formula, CUPUSD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).