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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Uruguayan Peso/US Dollar (FOREX:UYUUSD)
Strong Downtrend (-100) - UYUUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, UYUUSD continues to fall. Traders should use caution 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.
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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 Nov 12th, 2024 at 0.02393500
The short-term trend has been DOWN since Nov 1st, 2024 at 0.02402359
Smart Scan Analysis for UYUUSD
Based on our trend formula, UYUUSD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.023320 | 0.023320 | 0.023295 | 0.023295 | -0.000025 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.023300 | 2024-11-18 21:06:10 |