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Forex Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
Euro/Cuban Peso (FOREX:EURCUP)
Long-Term Downtrend (-90) - EURCUP is in a strong downtrend that is likely to continue. While EURCUP 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 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.
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MarketClub’s Trade Triangles for EURCUP
The long-term trend has been DOWN since Apr 17th, 2024 at 25.699
The intermediate-term trend has been DOWN since Mar 28th, 2024 at 25.965
The short-term trend has been DOWN since Apr 17th, 2024 at 25.862
Smart Scan Analysis for EURCUP
Based on our trend formula, EURCUP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 25.534 | 25.534 | 25.534 | 25.534 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 25.553 | 2024-04-17 19:38:08 |