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Forex Trend Analysis Report

Prepared for you on Wednesday, March 3, 2021.

US Dollar/Uruguayan Peso (FOREX:USDUYU)

Crossroads (+60) - USDUYU is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
42.979868 42.979868 42.979868 42.979868 0.000000
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 up The intermediate-term trend has been UP since Feb 8th, 2021 at 42.597269

short term up The short-term trend has been UP since Feb 1st, 2021 at 42.156669

Smart Scan Analysis for USDUYU

Based on our trend formula, USDUYU is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for USDUYU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
42.979868 42.979868 42.979868 42.979868 0.000000
Prev. Close Volume Bid Ask Time
42.979868 2021-02-25 07:31:40
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