Forex Trend Analysis Report
Prepared for you on Saturday, May 30, 2020.
Euro/Ukrainian Hryvnia (FOREX:EURUAH)
Sidelines Mode (+55) - EURUAH is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 Mar 4th, 2020 at 27.6889
The intermediate-term trend has been DOWN since Apr 6th, 2020 at 29.8860
The short-term trend has been UP since May 20th, 2020 at 28.9820
Smart Scan Analysis for EURUAH
Based on our trend formula, EURUAH is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).