Forex Trend Analysis Report
Prepared for you on Monday, December 11, 2023.
US Dollar/Cuban Peso (FOREX:USDCUP)
Weak Uptrend (+65) - USDCUP is showing signs of weakening momentum to the upside. Monitor 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.
MarketClub’s Trade Triangles for USDCUP
The long-term trend has been UP since Dec 5th, 2023 at 24.056412
The intermediate-term trend has been UP since Nov 24th, 2023 at 23.982026
The short-term trend has been DOWN since Dec 8th, 2023 at 24.007600
Smart Scan Analysis for USDCUP
Based on our trend formula, USDCUP is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).