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Forex Trend Analysis Report

Prepared for you on Sunday, June 26, 2022.

Ugandan Shilling/Euro (FOREX:UGXEUR)

Crossroads (-60) - UGXEUR 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 UGXEUR?

MarketClub looks at technical strength and momentum to determine if the timing is right for UGXEUR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_UGXEUR
Open High Low UGXEUR Price Change
0.00025385 0.00025385 0.00025385 0.00025385 0.00000000
Entry Signal

MarketClub’s Trade Triangles for UGXEUR

long term down The long-term trend has been DOWN since May 30th, 2022 at 0.00024811

intermediate term up The intermediate-term trend has been UP since Jun 17th, 2022 at 0.00025054

short term up The short-term trend has been UP since Jun 17th, 2022 at 0.00025054

Smart Scan Analysis for UGXEUR

Based on our trend formula, UGXEUR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for UGXEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00025385 0.00025385 0.00025385 0.00025385 0.00000000
Prev. Close Volume Bid Ask Time
0.00025385 2022-06-22 21:08:43
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