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Forex Trend Analysis Report

Prepared for you on Wednesday, June 7, 2023.

Cuban Peso/US Dollar (FOREX:CUPUSD)

Sidelines Mode (+55) - CUPUSD 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 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.

FOREX_CUPUSD
Open High Low CUPUSD Price Change
0.0416357 0.0416357 0.0416357 0.0416357 0.0000000
Entry Signal

MarketClub’s Trade Triangles for CUPUSD

long term up The long-term trend has been UP since Apr 24th, 2023 at 0.04175655

intermediate term up The intermediate-term trend has been UP since Jun 5th, 2023 at 0.04168236

short term down The short-term trend has been DOWN since Jun 6th, 2023 at 0.04166118

Smart Scan Analysis for CUPUSD

Based on our trend formula, CUPUSD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for CUPUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0416357 0.0416357 0.0416357 0.0416357 0.0000000
Prev. Close Volume Bid Ask Time
0.0416357 2023-06-06 07:26:55
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