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Forex Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
Euro/Cuban Peso (FOREX:EURCUP)
Strong Downtrend (-100) - EURCUP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, EURCUP continues to fall. 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 Nov 13th, 2024 at 25.976
The intermediate-term trend has been DOWN since Oct 4th, 2024 at 26.617
The short-term trend has been DOWN since Oct 4th, 2024 at 26.617
Smart Scan Analysis for EURCUP
Based on our trend formula, EURCUP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 25.331 | 25.331 | 25.331 | 25.331 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 25.331 | 2024-11-20 19:11:53 |