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Forex Trend Analysis Report

Prepared for you on Monday, October 18, 2021.

Euro/Uruguayan Peso (FOREX:EURUYU)

Sidelines Mode (+50) - EURUYU is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until EURUYU can gain 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.

FOREX_EURUYU
Open High Low EURUYU Price Change
50.901 50.901 50.901 50.901 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 up The intermediate-term trend has been UP since Oct 14th, 2021 at 50.285

short term up The short-term trend has been UP since Oct 14th, 2021 at 49.917

Smart Scan Analysis for EURUYU

Based on our trend formula, EURUYU is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for EURUYU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
50.901 50.901 50.901 50.901 0.000
Prev. Close Volume Bid Ask Time
50.901 2021-10-18 07:17:18
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