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Forex Trend Analysis Report

Prepared for you on Monday, June 24, 2024.

US Dollar/Cuban Peso (FOREX:USDCUP)

Crossroads (-60) - USDCUP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
23.949176 23.949176 23.949176 23.949176 0.000000
Entry Signal

MarketClub’s Trade Triangles for USDCUP

long term up The long-term trend has been UP since Apr 10th, 2024 at 24.148361

intermediate term down The intermediate-term trend has been DOWN since Jun 10th, 2024 at 23.961338

short term down The short-term trend has been DOWN since Jun 10th, 2024 at 23.961338

Smart Scan Analysis for USDCUP

Based on our trend formula, USDCUP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for USDCUP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23.949176 23.949176 23.949176 23.949176 0.000000
Prev. Close Volume Bid Ask Time
24.001566 2024-06-22 16:44:14
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