Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2020.
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, SHORTSYMBOL 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.
MarketClub’s Trade Triangles for EURCUP
The long-term trend has been DOWN since Feb 9th, 2020 at 1.099
The intermediate-term trend has been DOWN since Jan 22nd, 2020 at 1.109
The short-term trend has been DOWN since Feb 5th, 2020 at 1.104
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).