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Forex Trend Analysis Report

Prepared for you on Monday, March 20, 2023.

Uruguayan Peso/British Pound (FOREX:UYUGBP)

Strong Downtrend (-100) - UYUGBP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, UYUGBP continues to fall. Traders should use caution 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.

FOREX_UYUGBP
Open High Low UYUGBP Price Change
0.02106612 0.02106612 0.02106612 0.02106612 0.00000000
Entry Signal

MarketClub’s Trade Triangles for UYUGBP

long term down The long-term trend has been DOWN since Dec 2nd, 2022 at 0.02097223

intermediate term down The intermediate-term trend has been DOWN since Mar 17th, 2023 at 0.02087153

short term down The short-term trend has been DOWN since Mar 13th, 2023 at 0.02127830

Smart Scan Analysis for UYUGBP

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

-100
Smart Scan Analysis for UYUGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02106612 0.02106612 0.02106612 0.02106612 0.00000000
Prev. Close Volume Bid Ask Time
0.02106612 2023-03-18 03:55:50
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