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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
US Dollar/Ugandan Shilling (FOREX:USDUGX)
Weak Downtrend (-65) - USDUGX is showing signs of a strengthening downtrend. Monitor USDUGX as it may be building momentum to the downside.
Is it time to buy, sell, or avoid USDUGX?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDUGX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for USDUGX
The long-term trend has been UP since Feb 2nd, 2025 at 3705.9837
The intermediate-term trend has been DOWN since Feb 4th, 2025 at 3681.8809
The short-term trend has been DOWN since Feb 12th, 2025 at 3674.6494
Smart Scan Analysis for USDUGX
Based on our trend formula, USDUGX is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3673.0209 | 3673.0209 | 3673.0209 | 3673.0209 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3673.0209 | 2025-02-22 01:41:03 |