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Forex Trend Analysis Report
Prepared for you on Monday, March 31, 2025.
Euro/Ugandan Shilling (FOREX:EURUGX)
Sidelines Mode (+55) - EURUGX 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 EURUGX?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURUGX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for EURUGX
The long-term trend has been UP since Mar 5th, 2025 at 3883
The intermediate-term trend has been UP since Feb 25th, 2025 at 3857
The short-term trend has been DOWN since Mar 20th, 2025 at 3981
Smart Scan Analysis for EURUGX
Based on our trend formula, EURUGX is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3944 | 3944 | 3944 | 3944 | 0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3944 | 2025-03-29 14:28:16 |