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Forex Trend Analysis Report

Prepared for you on Monday, December 11, 2023.

US Dollar/Cuban Peso (FOREX:USDCUP)

Weak Uptrend (+65) - USDCUP is showing signs of weakening momentum to the upside. Monitor USDCUP as it may be in the beginning stages of a reversal.

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
24.020977 24.020977 24.020977 24.020977 0.000000
Entry Signal

MarketClub’s Trade Triangles for USDCUP

long term up The long-term trend has been UP since Dec 5th, 2023 at 24.056412

intermediate term up The intermediate-term trend has been UP since Nov 24th, 2023 at 23.982026

short term down The short-term trend has been DOWN since Dec 8th, 2023 at 24.007600

Smart Scan Analysis for USDCUP

Based on our trend formula, USDCUP is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for USDCUP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
24.020977 24.020977 24.020977 24.020977 0.000000
Prev. Close Volume Bid Ask Time
24.040503 2023-12-09 14:27:09
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