Forex Trend Analysis Report
Prepared for you on Tuesday, November 28, 2023.
British Pound/Uruguayan Peso (FOREX:GBPUYU)
Weak Uptrend (+65) - GBPUYU is showing signs of weakening momentum to the upside. Monitor GBPUYU as it may be in the beginning stages of a reversal.
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 Nov 6th, 2023 at 49.082475
The intermediate-term trend has been UP since Nov 6th, 2023 at 48.688425
The short-term trend has been DOWN since Nov 24th, 2023 at 49.296137
Smart Scan Analysis for GBPUYU
Based on our trend formula, GBPUYU is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).