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Forex Trend Analysis Report

Prepared for you on Monday, July 4, 2022.

Ugandan Shilling/South African Rand (FOREX:UGXZAR)

Bull Market Weakness (+75) - UGXZAR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on UGXZAR as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid UGXZAR?

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

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

FOREX_UGXZAR
Open High Low UGXZAR Price Change
0.00433318 0.00433318 0.00433318 0.00433318 0.00000000
Entry Signal

MarketClub’s Trade Triangles for UGXZAR

long term up The long-term trend has been UP since May 2nd, 2022 at 0.00437801

intermediate term up The intermediate-term trend has been UP since Jun 17th, 2022 at 0.00414145

short term up The short-term trend has been UP since Jun 17th, 2022 at 0.00414145

Smart Scan Analysis for UGXZAR

Based on our trend formula, UGXZAR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for UGXZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00433318 0.00433318 0.00433318 0.00433318 0.00000000
Prev. Close Volume Bid Ask Time
0.00433318 2022-07-04 07:15:33
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