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Forex Trend Analysis Report

Prepared for you on Wednesday, June 29, 2022.

Uruguayan Peso/British Pound (FOREX:UYUGBP)

Countertrend Up (+85) - UYUGBP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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.

FOREX_UYUGBP
Open High Low UYUGBP Price Change
0.02038062 0.02038062 0.02038062 0.02038062 0.00000000
Entry Signal

MarketClub’s Trade Triangles for UYUGBP

long term up The long-term trend has been UP since Feb 23rd, 2022 at 0.01716489

intermediate term up The intermediate-term trend has been UP since Jan 26th, 2022 at 0.01648959

short term up The short-term trend has been UP since Jan 19th, 2022 at 0.01642645

Smart Scan Analysis for UYUGBP

Based on our trend formula, UYUGBP is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for UYUGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02038062 0.02038062 0.02038062 0.02038062 0.00000000
Prev. Close Volume Bid Ask Time
0.02038062 2022-06-20 07:17:52
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