Forex Trend Analysis Report
Prepared for you on Friday, August 19, 2022.
Euro/Ukrainian Hryvnia (FOREX:EURUAH)
Weak Downtrend (-65) - EURUAH is showing signs of a strengthening downtrend. Monitor EURUAH as it may be building momentum to the downside.
Is it time to buy, sell, or avoid EURUAH?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURUAH.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EURUAH
The long-term trend has been UP since Aug 1st, 2022 at 31.6568
The intermediate-term trend has been DOWN since Aug 9th, 2022 at 37.7689
The short-term trend has been DOWN since Aug 16th, 2022 at 37.7609
Smart Scan Analysis for EURUAH
Based on our trend formula, EURUAH is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).