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Forex Trend Analysis Report
Prepared for you on Monday, March 31, 2025.
US Dollar/Ugandan Shilling (FOREX:USDUGX)
Long-Term Downtrend (-90) - USDUGX is in a strong downtrend that is likely to continue. While USDUGX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 DOWN since Feb 4th, 2025 at 3681.8809
The short-term trend has been DOWN since Mar 28th, 2025 at 3656.6720
Smart Scan Analysis for USDUGX
Based on our trend formula, USDUGX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3622.5029 | 3622.5029 | 3622.5029 | 3622.5029 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3635.7100 | 2025-03-29 14:28:16 |