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Forex Trend Analysis Report

Prepared for you on Sunday, June 16, 2024.

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.

FOREX_UYUEUR
Open High Low UYUEUR Price Change
0.023775 0.023775 0.023775 0.023775 0.000000
Entry Signal

MarketClub’s Trade Triangles for UYUEUR

long term up The long-term trend has been UP since Feb 23rd, 2024 at 0.023875

intermediate term down The intermediate-term trend has been DOWN since May 13th, 2024 at 0.024070

short term up The short-term trend has been UP since Jun 7th, 2024 at 0.023730

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).

-55
Smart Scan Analysis for UYUEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.023775 0.023775 0.023775 0.023775 0.000000
Prev. Close Volume Bid Ask Time
0.023775 2024-06-16 17:01:46
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