Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, August 15, 2022.

British Pound/Uruguayan Peso (FOREX:GBPUYU)

Strong Downtrend (-100) - GBPUYU is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, GBPUYU continues to fall. Traders should use caution and set stops.

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.

FOREX_GBPUYU
Open High Low GBPUYU Price Change
48.650693 48.650693 48.650693 48.650693 0.000000
Entry Signal

MarketClub’s Trade Triangles for GBPUYU

long term down The long-term trend has been DOWN since Feb 23rd, 2022 at 58.266924

intermediate term down The intermediate-term trend has been DOWN since Aug 10th, 2022 at 49.698954

short term down The short-term trend has been DOWN since Aug 5th, 2022 at 50.280590

Smart Scan Analysis for GBPUYU

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

-100
Smart Scan Analysis for GBPUYU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
48.650693 48.650693 48.650693 48.650693 0.000000
Prev. Close Volume Bid Ask Time
48.650693 2022-08-10 07:20:33
Get a free daily analysis and signals for British Pound/Uruguayan Peso (GBPUYU) - Request Your Free Report.