Forex Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
Euro/Cuban Peso (FOREX:EURCUP)
Sidelines Mode (+50) - EURCUP is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until EURCUP can gain momentum.
Is it time to buy, sell, or avoid EURCUP?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURCUP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EURCUP
The long-term trend has been DOWN since Aug 9th, 2021 at 28.2631
The intermediate-term trend has been UP since Oct 24th, 2021 at 27.8900
The short-term trend has been UP since Oct 18th, 2021 at 27.7462
Smart Scan Analysis for EURCUP
Based on our trend formula, EURCUP is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).