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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Ugandan Shilling/US Dollar (FOREX:UGXUSD)
Sidelines Mode (+50) - UGXUSD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until UGXUSD can gain momentum.
Is it time to buy, sell, or avoid UGXUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for UGXUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for UGXUSD
The long-term trend has been DOWN since Feb 2nd, 2025 at 0.00026987
The intermediate-term trend has been UP since Feb 4th, 2025 at 0.00027164
The short-term trend has been UP since Feb 12th, 2025 at 0.00027217
Smart Scan Analysis for UGXUSD
Based on our trend formula, UGXUSD is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00027229 | 0.00027229 | 0.00027229 | 0.00027229 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00027229 | 2025-02-22 01:41:03 |