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Forex Trend Analysis Report

Prepared for you on Wednesday, August 10, 2022.

US Dollar/Cuban Peso (FOREX:USDCUP)

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

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
24.164622 24.164622 24.164622 24.164622 0.000000
Entry Signal

MarketClub’s Trade Triangles for USDCUP

long term up The long-term trend has been UP since Aug 7th, 2022 at 24.063834

intermediate term up The intermediate-term trend has been UP since Jul 18th, 2022 at 24.004066

short term up The short-term trend has been UP since Jul 18th, 2022 at 24.004066

Smart Scan Analysis for USDCUP

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

+70
Smart Scan Analysis for USDCUP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
24.164622 24.164622 24.164622 24.164622 0.000000
Prev. Close Volume Bid Ask Time
24.040086 2022-08-07 21:08:40
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