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Forex Trend Analysis Report

Prepared for you on Friday, January 28, 2022.

Uruguayan Peso/US Dollar (FOREX:UYUUSD)

Bull Market Weakness (+75) - UYUUSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on UYUUSD as it may be in the beginning stages of a reversal.

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
0.02247334 0.02275000 0.02247334 0.02275000 +0.00027700
Entry Signal

MarketClub’s Trade Triangles for UYUUSD

long term down The long-term trend has been DOWN since Oct 29th, 2021 at 0.022710

intermediate term up The intermediate-term trend has been UP since Jan 25th, 2022 at 0.022465

short term up The short-term trend has been UP since Jan 25th, 2022 at 0.022460

Smart Scan Analysis for UYUUSD

Based on our trend formula, UYUUSD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for UYUUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02247334 0.02275000 0.02247334 0.02275000 +0.00027700
Prev. Close Volume Bid Ask Time
0.02276667 2022-01-27 18:00:44
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