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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.

FOREX_UYUGBP
Open High Low UYUGBP Price Change
0.01659284 0.01659284 0.01659284 0.01659284 0.00000000
Entry Signal

MarketClub’s Trade Triangles for UYUGBP

long term up The long-term trend has been UP since Jun 25th, 2021 at 0.01645012

intermediate term down The intermediate-term trend has been DOWN since Oct 14th, 2021 at 0.01707243

short term down 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).

-70
Smart Scan Analysis for UYUGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01659284 0.01659284 0.01659284 0.01659284 0.00000000
Prev. Close Volume Bid Ask Time
0.01659284 2021-10-18 07:17:18
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