Forex Trend Analysis Report
Prepared for you on Friday, November 27, 2020.
Ukrainian Hryvnia/US Dollar (FOREX:UAHUSD)
Bear Market Rally (-75) - UAHUSD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on UAHUSD as it may be in the beginning of a reversal.
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 UP since Nov 10th, 2020 at 0.03533758
The short-term trend has been DOWN since Nov 19th, 2020 at 0.03544607
Smart Scan Analysis for UAHUSD
Based on our trend formula, UAHUSD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).