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Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

Uruguayan Peso/British Pound (FOREX:UYUGBP)

Bear Market Rally (-75) - UYUGBP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on UYUGBP as it may be in the beginning of a reversal.

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
0.01864465 0.01864465 0.01864465 0.01864465 0.00000000
Entry Signal

MarketClub’s Trade Triangles for UYUGBP

long term down The long-term trend has been DOWN since Sep 5th, 2019 at 0.02217600

intermediate term up The intermediate-term trend has been UP since Apr 13th, 2020 at 0.01843416

short term down The short-term trend has been DOWN since Jun 1st, 2020 at 0.01882184

Smart Scan Analysis for UYUGBP

Based on our trend formula, UYUGBP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for UYUGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01864465 0.01864465 0.01864465 0.01864465 0.00000000
Prev. Close Volume Bid Ask Time
0.01864465 0.01841216 0.01887714 2020-06-01 07:17:49
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