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Forex Trend Analysis Report
Prepared for you on Monday, March 20, 2023.
US Dollar/Uruguayan Peso (FOREX:USDUYU)
Countertrend Down (-85) - USDUYU is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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 Nov 6th, 2022 at 40.134549
The intermediate-term trend has been DOWN since Feb 28th, 2023 at 39.058909
The short-term trend has been UP since Mar 9th, 2023 at 39.150456
Smart Scan Analysis for USDUYU
Based on our trend formula, USDUYU is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 39.005612 | 39.005612 | 39.005612 | 39.005612 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 39.005612 | 2023-03-18 03:55:49 |