Forex Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
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.
MarketClub’s Trade Triangles for UYUEUR
The long-term trend has been DOWN since Feb 28th, 2020 at 0.023525
The intermediate-term trend has been DOWN since May 8th, 2020 at 0.020900
The short-term trend has been UP since May 21st, 2020 at 0.021030
Smart Scan Analysis for UYUEUR
Based on our trend formula, UYUEUR is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).