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Forex Trend Analysis Report
Prepared for you on Monday, January 20, 2025.
Uruguayan Peso/Euro (FOREX:UYUEUR)
Sidelines Mode (+55) - UYUEUR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid UYUEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for UYUEUR.
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 UYUEUR
The long-term trend has been UP since Dec 5th, 2024 at 0.022650
The intermediate-term trend has been UP since Dec 30th, 2024 at 0.021885
The short-term trend has been DOWN since Jan 14th, 2025 at 0.022135
Smart Scan Analysis for UYUEUR
Based on our trend formula, UYUEUR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.022065 | 0.022065 | 0.021845 | 0.021845 | -0.000220 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.022065 | 2025-01-20 09:46:59 |