Forex Trend Analysis Report
Prepared for you on Sunday, June 26, 2022.
Uruguayan Peso/Euro (FOREX:UYUEUR)
Long-Term Uptrend (+90) - UYUEUR is in a strong uptrend that is likely to continue. While UYUEUR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 UP since Jun 23rd, 2021 at 0.019305
The intermediate-term trend has been UP since Jan 25th, 2022 at 0.019900
The short-term trend has been UP since Jun 23rd, 2022 at 0.023875
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).