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Forex Trend Analysis Report

Prepared for you on Wednesday, October 20, 2021.

US Dollar/Uruguayan Peso (FOREX:USDUYU)

Sidelines Mode (+50) - USDUYU is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until USDUYU can gain momentum.

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
44.001117 44.001117 44.001117 44.001117 0.000000
Entry Signal

MarketClub’s Trade Triangles for USDUYU

long term down The long-term trend has been DOWN since Jun 2nd, 2021 at 43.722098

intermediate term up The intermediate-term trend has been UP since Sep 21st, 2021 at 42.751647

short term up The short-term trend has been UP since Sep 6th, 2021 at 42.544124

Smart Scan Analysis for USDUYU

Based on our trend formula, USDUYU is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for USDUYU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
44.001117 44.001117 44.001117 44.001117 0.000000
Prev. Close Volume Bid Ask Time
44.001117 2021-10-19 21:09:12
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