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Forex Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
British Pound/Uruguayan Peso (FOREX:GBPUYU)
Crossroads (-60) - GBPUYU 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 GBPUYU?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPUYU.
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 GBPUYU
The long-term trend has been DOWN since Mar 28th, 2024 at 48.810985
The intermediate-term trend has been UP since Apr 15th, 2024 at 48.324558
The short-term trend has been UP since Apr 8th, 2024 at 47.621548
Smart Scan Analysis for GBPUYU
Based on our trend formula, GBPUYU is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 48.307374 | 48.307374 | 48.307374 | 48.307374 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 47.745296 | 2024-04-17 21:01:46 |