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Forex Trend Analysis Report

Prepared for you on Friday, November 27, 2020.

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.

FOREX_USDUYU
Open High Low USDUYU Price Change
43.05311 43.05311 43.05311 43.05311 0.00000
Entry Signal

MarketClub’s Trade Triangles for USDUYU

long term down The long-term trend has been DOWN since Jul 1st, 2020 at 42.079342

intermediate term down The intermediate-term trend has been DOWN since Nov 19th, 2020 at 42.831312

short term up The short-term trend has been UP since Nov 23rd, 2020 at 42.984539

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).

-85
Smart Scan Analysis for USDUYU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
43.05311 43.05311 43.05311 43.05311 0.00000
Prev. Close Volume Bid Ask Time
42.59532 2020-11-23 21:06:59
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