Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
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, SHORTSYMBOL 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.
MarketClub’s Trade Triangles for UYUGBP
The long-term trend has been DOWN since Sep 5th, 2019 at 0.02217600
The intermediate-term trend has been DOWN since Dec 30th, 2020 at 0.01743936
The short-term trend has been DOWN since Feb 7th, 2021 at 0.01725735
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).