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Forex Trend Analysis Report

Prepared for you on Friday, June 5, 2020.

US Dollar/Ukrainian Hryvnia (FOREX:USDUAH)

Sidelines Mode (-55) - USDUAH 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 USDUAH?

MarketClub looks at technical strength and momentum to determine if the timing is right for USDUAH.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_USDUAH
Open High Low USDUAH Price Change
26.80237 26.80237 26.80237 26.80237 0.00000
Entry Signal

MarketClub’s Trade Triangles for USDUAH

long term up The long-term trend has been UP since Mar 17th, 2020 at 25.048805

intermediate term down The intermediate-term trend has been DOWN since Apr 17th, 2020 at 27.145911

short term up The short-term trend has been UP since May 21st, 2020 at 26.626197

Smart Scan Analysis for USDUAH

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

-55
Smart Scan Analysis for USDUAH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
26.80237 26.80237 26.80237 26.80237 0.00000
Prev. Close Volume Bid Ask Time
26.74082 26.53365 27.07109 2020-06-02 07:18:14
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