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Forex Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

British Pound/Uruguayan Peso (FOREX:GBPUYU)

Sidelines Mode (+50) - GBPUYU is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until GBPUYU can gain 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.

FOREX_GBPUYU
Open High Low GBPUYU Price Change
60.711935 60.711935 60.711935 60.711935 0.000000
Entry Signal

MarketClub’s Trade Triangles for GBPUYU

long term down The long-term trend has been DOWN since Jun 25th, 2021 at 60.797857

intermediate term up The intermediate-term trend has been UP since Oct 14th, 2021 at 58.582305

short term up The short-term trend has been UP since Oct 14th, 2021 at 58.363343

Smart Scan Analysis for GBPUYU

Based on our trend formula, GBPUYU is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for GBPUYU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
60.711935 60.711935 60.711935 60.711935 0.000000
Prev. Close Volume Bid Ask Time
60.711935 2021-10-19 21:09:12
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