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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
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.
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MarketClub’s Trade Triangles for EURUYU
The long-term trend has been UP since Jul 2nd, 2024 at 42.53
The intermediate-term trend has been UP since May 9th, 2024 at 41.39
The short-term trend has been DOWN since Jul 24th, 2024 at 43.86
Smart Scan Analysis for EURUYU
Based on our trend formula, EURUYU is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 43.71 | 43.71 | 43.71 | 43.71 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 43.71 | 2024-07-26 14:00:12 |