Forex Trend Analysis Report
Prepared for you on Thursday, November 30, 2023.
US Dollar/Ukrainian Hryvnia (FOREX:USDUAH)
Strong Downtrend (-100) - USDUAH is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, USDUAH continues to fall. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for USDUAH
The long-term trend has been DOWN since Jul 2nd, 2023 at 36.742362
The intermediate-term trend has been DOWN since Sep 11th, 2023 at 36.877330
The short-term trend has been DOWN since Nov 19th, 2023 at 35.977789
Smart Scan Analysis for USDUAH
Based on our trend formula, USDUAH is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).