Forex Trend Analysis Report
Prepared for you on Monday, March 27, 2023.
US Dollar/Cuban Peso (FOREX:USDCUP)
Long-Term Downtrend (-90) - USDCUP is in a strong downtrend that is likely to continue. While USDCUP is showing intraday strength, it remains in the confines of a bearish trend. 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.
MarketClub’s Trade Triangles for USDCUP
The long-term trend has been DOWN since Mar 18th, 2023 at 23.945569
The intermediate-term trend has been DOWN since Mar 18th, 2023 at 23.995342
The short-term trend has been DOWN since Feb 23rd, 2023 at 23.995408
Smart Scan Analysis for USDCUP
Based on our trend formula, USDCUP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).