Forex Trend Analysis Report
Prepared for you on Thursday, October 28, 2021.
US Dollar/ (FOREX:USDUZS)
Countertrend Up (+85) - USDUZS 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 USDUZS?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDUZS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for USDUZS
The long-term trend has been UP since Apr 5th, 2020 at 9599.295
The intermediate-term trend has been UP since Sep 7th, 2021 at 10682.910
The short-term trend has been DOWN since Oct 26th, 2021 at 10683.554
Smart Scan Analysis for USDUZS
Based on our trend formula, USDUZS is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).