Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Uruguayan Peso/US Dollar (FOREX:UYUUSD)
Countertrend Down (-85) - UYUUSD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid UYUUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for UYUUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for UYUUSD
The long-term trend has been DOWN since Jun 10th, 2024 at 0.02556121
The intermediate-term trend has been DOWN since Apr 12th, 2024 at 0.02586502
The short-term trend has been UP since Jul 24th, 2024 at 0.02482362
Smart Scan Analysis for UYUUSD
Based on our trend formula, UYUUSD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.02484500 | 0.02485369 | 0.02482000 | 0.02485369 | +0.00000900 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.02484500 | 2024-07-26 14:00:12 |