Forex Trend Analysis Report
Prepared for you on Wednesday, June 29, 2022.
Ukrainian Hryvnia/US Dollar (FOREX:UAHUSD)
Crossroads (-60) - UAHUSD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 Nov 29th, 2021 at 0.03706121
The intermediate-term trend has been UP since Jun 24th, 2022 at 0.03386573
The short-term trend has been UP since Jun 14th, 2022 at 0.03385009
Smart Scan Analysis for UAHUSD
Based on our trend formula, UAHUSD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).