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Forex Trend Analysis Report
Prepared for you on Sunday, December 22, 2024.
US Dollar/Cuban Peso (FOREX:USDCUP)
Strong Downtrend (-100) - USDCUP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, USDCUP continues to fall. Traders should use caution 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.
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MarketClub’s Trade Triangles for USDCUP
The long-term trend has been DOWN since Aug 2nd, 2024 at 23.880141
The intermediate-term trend has been DOWN since Dec 21st, 2024 at 23.957173
The short-term trend has been DOWN since Dec 21st, 2024 at 23.957173
Smart Scan Analysis for USDCUP
Based on our trend formula, USDCUP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 23.903772 | 23.903772 | 23.903772 | 23.903772 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 23.903772 | 2024-12-21 08:23:55 |