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Forex Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

US Dollar/Cuban Peso (FOREX:USDCUP)

Sidelines Mode (-55) - USDCUP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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
23.998878 23.998878 23.998878 23.998878 0.000000
Entry Signal

MarketClub’s Trade Triangles for USDCUP

long term up The long-term trend has been UP since Jun 13th, 2021 at 24.078832

intermediate term down The intermediate-term trend has been DOWN since Sep 13th, 2021 at 23.956749

short term up The short-term trend has been UP since Oct 7th, 2021 at 24.003277

Smart Scan Analysis for USDCUP

Based on our trend formula, USDCUP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for USDCUP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23.998878 23.998878 23.998878 23.998878 0.000000
Prev. Close Volume Bid Ask Time
23.998878 2021-10-18 07:17:18
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