Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, March 8, 2021.

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, SHORTSYMBOL 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.

FOREX_UYUUSD
Open High Low UYUUSD Price Change
0.02277 0.02277 0.02246 0.02246 -0.00031
Entry Signal

MarketClub’s Trade Triangles for UYUUSD

long term down The long-term trend has been DOWN since Feb 25th, 2021 at 0.02322973

intermediate term down The intermediate-term trend has been DOWN since Feb 4th, 2021 at 0.02345500

short term down The short-term trend has been DOWN since Feb 10th, 2021 at 0.02345688

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).

-100
Smart Scan Analysis for UYUUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02277 0.02277 0.02246 0.02246 -0.00031
Prev. Close Volume Bid Ask Time
0.02277 2021-03-08 15:08:37
Get a free daily analysis and signals for Uruguayan Peso/US Dollar (UYUUSD) - Request Your Free Report.