Forex Trend Analysis Report
Prepared for you on Thursday, March 28, 2024.
US Dollar/Uruguayan Peso (FOREX:USDUYU)
Strong Downtrend (-100) - USDUYU is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, USDUYU continues to fall. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for USDUYU
The long-term trend has been DOWN since Jan 26th, 2024 at 38.920754
The intermediate-term trend has been DOWN since Mar 18th, 2024 at 38.483863
The short-term trend has been DOWN since Mar 17th, 2024 at 38.796690
Smart Scan Analysis for USDUYU
Based on our trend formula, USDUYU is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
38.419587 | 38.419587 | 38.419587 | 38.419587 | 0.000000 |
Prev. Close | Volume | Bid | Ask | Time |
37.826021 | 2024-03-19 22:06:40 |