Forex Trend Analysis Report
Prepared for you on Saturday, December 9, 2023.
Ukrainian Hryvnia/US Dollar (FOREX:UAHUSD)
Weak Downtrend (-65) - UAHUSD is showing signs of a strengthening downtrend. Monitor UAHUSD as it may be building momentum to the downside.
Is it time to buy, sell, or avoid UAHUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for UAHUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for UAHUSD
The long-term trend has been UP since Jul 2nd, 2023 at 0.02721804
The intermediate-term trend has been DOWN since Dec 6th, 2023 at 0.02759684
The short-term trend has been DOWN since Dec 6th, 2023 at 0.02772460
Smart Scan Analysis for UAHUSD
Based on our trend formula, UAHUSD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).