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Forex Trend Analysis Report

Prepared for you on Wednesday, April 8, 2020.

US Dollar/Uruguayan Peso (FOREX:USDUYU)

Countertrend Up (+85) - USDUYU is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
44.675389 44.675389 44.675389 44.675389 0.000000
Entry Signal

MarketClub’s Trade Triangles for USDUYU

long term up The long-term trend has been UP since Mar 11th, 2019 at 32.820000

intermediate term up The intermediate-term trend has been UP since Feb 3rd, 2020 at 37.529006

short term up The short-term trend has been UP since Jan 31st, 2020 at 37.359132

Smart Scan Analysis for USDUYU

Based on our trend formula, USDUYU is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for USDUYU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
44.675389 44.675389 44.675389 44.675389 0.000000
Prev. Close Volume Bid Ask Time
44.675389 44.123330 45.227448 2020-04-07 21:08:52
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