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Forex Trend Analysis Report

Prepared for you on Sunday, February 28, 2021.

Uruguayan Peso/Euro (FOREX:UYUEUR)

Long-Term Downtrend (-90) - UYUEUR is in a strong downtrend that is likely to continue. While UYUEUR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
0.019100 0.019195 0.019085 0.019190 +0.000090
Entry Signal

MarketClub’s Trade Triangles for UYUEUR

long term down The long-term trend has been DOWN since Feb 28th, 2020 at 0.023525

intermediate term down The intermediate-term trend has been DOWN since Feb 9th, 2021 at 0.019430

short term down The short-term trend has been DOWN since Feb 19th, 2021 at 0.019285

Smart Scan Analysis for UYUEUR

Based on our trend formula, UYUEUR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for UYUEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.019100 0.019195 0.019085 0.019190 +0.000090
Prev. Close Volume Bid Ask Time
0.019100 2021-02-26 16:56:28
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