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Forex Trend Analysis Report

Prepared for you on Sunday, February 28, 2021.

US Dollar/Cuban Peso (FOREX:USDCUP)

Countertrend Down (-85) - USDCUP is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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.

FOREX_USDCUP
Open High Low USDCUP Price Change
23.991385 23.991385 23.991385 23.991385 0.000000
Entry Signal

MarketClub’s Trade Triangles for USDCUP

long term down The long-term trend has been DOWN since Jan 21st, 2021 at 23.992931

intermediate term down The intermediate-term trend has been DOWN since Jan 21st, 2021 at 23.992931

short term up The short-term trend has been UP since Feb 17th, 2021 at 24.003651

Smart Scan Analysis for USDCUP

Based on our trend formula, USDCUP is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for USDCUP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23.991385 23.991385 23.991385 23.991385 0.000000
Prev. Close Volume Bid Ask Time
23.991385 2021-02-25 07:31:41
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