Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Wednesday, April 8, 2020.

Ukrainian Hryvnia/US Dollar (FOREX:UAHUSD)

Long-Term Downtrend (-90) - UAHUSD is in a strong downtrend that is likely to continue. While UAHUSD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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.

FOREX_UAHUSD
Open High Low UAHUSD Price Change
0.03666126 0.03666126 0.03666126 0.03666126 0.00000000
Entry Signal

MarketClub’s Trade Triangles for UAHUSD

long term down The long-term trend has been DOWN since Mar 17th, 2020 at 0.03992676

intermediate term down The intermediate-term trend has been DOWN since Mar 4th, 2020 at 0.04068854

short term down The short-term trend has been DOWN since Feb 25th, 2020 at 0.04078582

Smart Scan Analysis for UAHUSD

Based on our trend formula, UAHUSD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for UAHUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.03666126 0.03666126 0.03666126 0.03666126 0.00000000
Prev. Close Volume Bid Ask Time
0.03666126 0.03629034 0.03703218 2020-04-08 07:14:51
Get a free daily analysis and signals for Ukrainian Hryvnia/US Dollar (UAHUSD) - Request Your Free Report.