Forex Trend Analysis Report
Prepared for you on Monday, October 18, 2021.
Uruguayan Peso/British Pound (FOREX:UYUGBP)
Weak Downtrend (-65) - UYUGBP is showing signs of a strengthening downtrend. Monitor UYUGBP as it may be building momentum to the downside.
Is it time to buy, sell, or avoid UYUGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for UYUGBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for UYUGBP
The long-term trend has been UP since Jun 25th, 2021 at 0.01645012
The intermediate-term trend has been DOWN since Oct 14th, 2021 at 0.01707243
The short-term trend has been DOWN since Oct 14th, 2021 at 0.01713652
Smart Scan Analysis for UYUGBP
Based on our trend formula, UYUGBP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).