Forex Trend Analysis Report
Prepared for you on Sunday, February 28, 2021.
US Dollar/Cuban Peso (FOREX:USDCUP)
Countertrend Down (-85) - USDCUP is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid USDCUP?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDCUP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for USDCUP
The long-term trend has been DOWN since Jan 21st, 2021 at 23.992931
The intermediate-term trend has been DOWN since Jan 21st, 2021 at 23.992931
The short-term trend has been UP since Feb 17th, 2021 at 24.003651
Smart Scan Analysis for USDCUP
Based on our trend formula, USDCUP is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).