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Forex Trend Analysis Report

Prepared for you on Tuesday, October 8, 2024.

Euro/Uruguayan Peso (FOREX:EURUYU)

Bull Market Weakness (+75) - EURUYU is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on EURUYU as it may be in the beginning stages of a reversal.

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
46.12 46.12 46.12 46.12 0.00
Entry Signal

MarketClub’s Trade Triangles for EURUYU

long term up The long-term trend has been UP since Jul 2nd, 2024 at 42.53

intermediate term up The intermediate-term trend has been UP since May 9th, 2024 at 41.39

short term up The short-term trend has been UP since Aug 14th, 2024 at 44.13

Smart Scan Analysis for EURUYU

Based on our trend formula, EURUYU is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for EURUYU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
46.12 46.12 46.12 46.12 0.00
Prev. Close Volume Bid Ask Time
46.12 2024-10-05 07:23:01
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