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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Uruguayan Peso/Euro (FOREX:UYUEUR)
Bear Market Rally (-75) - UYUEUR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on UYUEUR as it may be in the beginning of a reversal.
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.
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MarketClub’s Trade Triangles for UYUEUR
The long-term trend has been DOWN since Jul 1st, 2024 at 0.023470
The intermediate-term trend has been DOWN since May 13th, 2024 at 0.024070
The short-term trend has been UP since Jul 24th, 2024 at 0.022985
Smart Scan Analysis for UYUEUR
Based on our trend formula, UYUEUR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.022880 | 0.022905 | 0.022850 | 0.022870 | -0.000010 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.022880 | 2024-07-26 14:00:14 |