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Forex Trend Analysis Report

Prepared for you on Sunday, October 17, 2021.

Uruguayan Peso/Euro (FOREX:UYUEUR)

Weak Downtrend (-65) - UYUEUR is showing signs of a strengthening downtrend. Monitor UYUEUR as it may be building momentum to the downside.

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
0.019615 0.019700 0.019610 0.019630 +0.000015
Entry Signal

MarketClub’s Trade Triangles for UYUEUR

long term up The long-term trend has been UP since Jun 23rd, 2021 at 0.019305

intermediate term down The intermediate-term trend has been DOWN since Oct 11th, 2021 at 0.019885

short term down The short-term trend has been DOWN since Oct 4th, 2021 at 0.020040

Smart Scan Analysis for UYUEUR

Based on our trend formula, UYUEUR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for UYUEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.019615 0.019700 0.019610 0.019630 +0.000015
Prev. Close Volume Bid Ask Time
0.019615 2021-10-15 17:19:10
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