Forex Trend Analysis Report
Prepared for you on Monday, June 1, 2020.
Euro/Cuban Peso (FOREX:EURCUP)
Countertrend Up (+85) - EURCUP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Mar 9th, 2020 at 1.123
The intermediate-term trend has been UP since May 20th, 2020 at 1.088
The short-term trend has been UP since May 20th, 2020 at 1.087
Smart Scan Analysis for EURCUP
Based on our trend formula, EURCUP is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).