Forex Trend Analysis Report
Prepared for you on Tuesday, October 3, 2023.
Euro/Ukrainian Hryvnia (FOREX:EURUAH)
Long-Term Downtrend (-90) - EURUAH is in a strong downtrend that is likely to continue. While EURUAH 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 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 DOWN since Sep 23rd, 2023 at 39.4937
The intermediate-term trend has been DOWN since Aug 1st, 2023 at 40.6006
The short-term trend has been DOWN since Jul 28th, 2023 at 40.8878
Smart Scan Analysis for EURUAH
Based on our trend formula, EURUAH is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).