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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Euro/Uruguayan Peso (FOREX:EURUYU)
Crossroads (-60) - EURUYU is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 DOWN since Oct 21st, 2024 at 46.09
The short-term trend has been DOWN since Oct 21st, 2024 at 46.09
Smart Scan Analysis for EURUYU
Based on our trend formula, EURUYU is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 44.77 | 44.77 | 44.77 | 44.77 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 45.39 | 2024-11-12 07:25:10 |