Forex Trend Analysis Report
Prepared for you on Monday, March 1, 2021.
British Pound/Uruguayan Peso (FOREX:GBPUYU)
Strong Uptrend (+100) - GBPUYU is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, GBPUYU continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 Sep 5th, 2019 at 45.105000
The intermediate-term trend has been UP since Dec 30th, 2020 at 57.349325
The short-term trend has been UP since Feb 7th, 2021 at 57.954288
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).