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Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

Euro/Uruguayan Peso (FOREX:EURUYU)

Countertrend Up (+85) - EURUYU is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid EURUYU?

MarketClub looks at technical strength and momentum to determine if the timing is right for EURUYU.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_EURUYU
Open High Low EURUYU Price Change
48.117 48.117 48.117 48.117 0.000
Entry Signal

MarketClub’s Trade Triangles for EURUYU

long term up The long-term trend has been UP since Mar 4th, 2020 at 42.171

intermediate term up The intermediate-term trend has been UP since May 11th, 2020 at 47.572

short term up The short-term trend has been UP since Jun 1st, 2020 at 47.304

Smart Scan Analysis for EURUYU

Based on our trend formula, EURUYU is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for EURUYU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
48.117 48.117 48.117 48.117 0.000
Prev. Close Volume Bid Ask Time
48.117 47.517 48.717 2020-06-01 07:17:49
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