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Forex Trend Analysis Report

Prepared for you on Thursday, August 11, 2022.

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.

FOREX_EURCUP
Open High Low EURCUP Price Change
24.5803 24.5803 24.5803 24.5803 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURCUP

long term down The long-term trend has been DOWN since Aug 9th, 2021 at 28.2631

intermediate term up The intermediate-term trend has been UP since Aug 10th, 2022 at 24.5789

short term up The short-term trend has been UP since Jul 29th, 2022 at 24.3751

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).

+50
Smart Scan Analysis for EURCUP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
24.5803 24.5803 24.5803 24.5803 0.0000
Prev. Close Volume Bid Ask Time
24.5803 2022-08-10 07:20:33
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