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Forex Trend Analysis Report

Prepared for you on Monday, October 2, 2023.

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.

FOREX_EURCUP
Open High Low EURCUP Price Change
25.462 25.462 25.462 25.462 0.000
Entry Signal

MarketClub’s Trade Triangles for EURCUP

long term down The long-term trend has been DOWN since Sep 22nd, 2023 at 25.663

intermediate term down The intermediate-term trend has been DOWN since Aug 2nd, 2023 at 26.384

short term down The short-term trend has been DOWN since Sep 10th, 2023 at 25.927

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).

-90
Smart Scan Analysis for EURCUP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
25.462 25.462 25.462 25.462 0.000
Prev. Close Volume Bid Ask Time
25.462 2023-09-30 15:44:16
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