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Forex Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
Uruguayan Peso/US Dollar (FOREX:UYUUSD)
Crossroads (-60) - UYUUSD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for UYUUSD
The long-term trend has been UP since Feb 26th, 2024 at 0.02584500
The intermediate-term trend has been DOWN since Apr 12th, 2024 at 0.02586502
The short-term trend has been DOWN since Apr 2nd, 2024 at 0.02662500
Smart Scan Analysis for UYUUSD
Based on our trend formula, UYUUSD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.025825 | 0.025825 | 0.025825 | 0.025825 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.026049 | 2024-04-18 06:25:14 |