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.
MarketClub’s Trade Triangles for UAHUSD
The long-term trend has been DOWN since Mar 17th, 2020 at 0.03992676
The intermediate-term trend has been DOWN since Mar 4th, 2020 at 0.04068854
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).