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Forex Trend Analysis Report

Prepared for you on Wednesday, June 29, 2022.

Euro/Uruguayan Peso (FOREX:EURUYU)

Long-Term Downtrend (-90) - EURUYU is in a strong downtrend that is likely to continue. While EURUYU is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
42.191 42.191 42.191 42.191 0.000
Entry Signal

MarketClub’s Trade Triangles for EURUYU

long term down The long-term trend has been DOWN since Jun 25th, 2021 at 52.082

intermediate term down The intermediate-term trend has been DOWN since Jan 26th, 2022 at 50.544

short term down The short-term trend has been DOWN since Jan 19th, 2022 at 50.770

Smart Scan Analysis for EURUYU

Based on our trend formula, EURUYU is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for EURUYU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
42.191 42.191 42.191 42.191 0.000
Prev. Close Volume Bid Ask Time
42.191 2022-06-20 07:17:52
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