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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.

FOREX_CUPUSD
Open High Low CUPUSD Price Change
0.04138287 0.04138287 0.04138287 0.04138287 0.00000000
Entry Signal

MarketClub’s Trade Triangles for CUPUSD

long term down The long-term trend has been DOWN since Aug 7th, 2022 at 0.04155620

intermediate term down The intermediate-term trend has been DOWN since Jul 18th, 2022 at 0.04165967

short term down 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).

-90
Smart Scan Analysis for CUPUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.04138287 0.04138287 0.04138287 0.04138287 0.00000000
Prev. Close Volume Bid Ask Time
0.04159725 2022-08-07 21:08:40
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