Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Uruguayan Peso/British Pound (FOREX:UYUGBP)
Countertrend Down (-85) - UYUGBP is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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.
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MarketClub’s Trade Triangles for UYUGBP
The long-term trend has been DOWN since Dec 9th, 2024 at 0.01806566
The intermediate-term trend has been DOWN since Dec 9th, 2024 at 0.01895059
The short-term trend has been UP since Dec 21st, 2024 at 0.01785826
Smart Scan Analysis for UYUGBP
Based on our trend formula, UYUGBP is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.01791131 | 0.01791131 | 0.01790807 | 0.01790807 | -0.00000300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.01763750 | 2024-12-21 08:23:54 |