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Forex Trend Analysis Report
Prepared for you on Wednesday, July 16, 2025.
US Dollar/Ugandan Shilling (FOREX:USDUGX)
Sidelines Mode (+50) - USDUGX is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until USDUGX can gain momentum.
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 DOWN since Mar 5th, 2025 at 3640.2570
The intermediate-term trend has been UP since Jul 15th, 2025 at 3605.5670
The short-term trend has been UP since Jul 15th, 2025 at 3589.3754
Smart Scan Analysis for USDUGX
Based on our trend formula, USDUGX is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3607.9033 | 3607.9033 | 3607.9033 | 3607.9033 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3607.9033 | 2025-07-15 21:00:08 |