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Forex Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

US Dollar/Cuban Peso (FOREX:USDCUP)

Countertrend Up (+85) - USDCUP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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.

FOREX_USDCUP
Open High Low USDCUP Price Change
24.004511 24.019303 24.004511 24.019303 +0.014792
Entry Signal

MarketClub’s Trade Triangles for USDCUP

long term up The long-term trend has been UP since Dec 28th, 2023 at 24.059489

intermediate term up The intermediate-term trend has been UP since Mar 12th, 2024 at 24.013169

short term up The short-term trend has been UP since Mar 12th, 2024 at 24.013169

Smart Scan Analysis for USDCUP

Based on our trend formula, USDCUP is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for USDCUP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
24.004511 24.019303 24.004511 24.019303 +0.014792
Prev. Close Volume Bid Ask Time
24.020752 2024-03-28 23:30:02
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