Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for GBPUYU
The long-term trend has been UP since Jun 25th, 2024 at 50.079314
The intermediate-term trend has been DOWN since Oct 21st, 2024 at 55.031138
The short-term trend has been DOWN since Oct 21st, 2024 at 54.941912
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 |
|---|---|---|---|---|
| 54.079845 | 54.079845 | 54.079845 | 54.079845 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 54.310500 | 2024-11-12 07:25:10 |