Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
Euro/Uruguayan Peso (FOREX:EURUYU)
Strong Uptrend (+100) - EURUYU is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, EURUYU continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for EURUYU
The long-term trend has been UP since Mar 4th, 2020 at 42.171
The intermediate-term trend has been UP since Feb 9th, 2021 at 51.446
The short-term trend has been UP since Feb 8th, 2021 at 50.871
Smart Scan Analysis for EURUYU
Based on our trend formula, EURUYU is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).