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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

US Dollar/Uruguayan Peso (FOREX:USDUYU)

Bull Market Weakness (+75) - USDUYU is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on USDUYU as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid USDUYU?

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

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

FOREX_USDUYU
Open High Low USDUYU Price Change
40.24306 40.24306 40.24306 40.24306 0.00000
Entry Signal

MarketClub’s Trade Triangles for USDUYU

long term up The long-term trend has been UP since Jun 12th, 2024 at 39.129631

intermediate term up The intermediate-term trend has been UP since May 17th, 2024 at 38.555686

short term down The short-term trend has been DOWN since Jul 24th, 2024 at 40.291762

Smart Scan Analysis for USDUYU

Based on our trend formula, USDUYU is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for USDUYU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
40.24306 40.24306 40.24306 40.24306 0.00000
Prev. Close Volume Bid Ask Time
40.24306 2024-07-26 14:00:12
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