Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
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.
|
|||||||||||||||
|
|||||||||||||||
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 UP since Apr 24th, 2025 at 0.02394404
The short-term trend has been UP since May 5th, 2025 at 0.02383500
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 |
|---|---|---|---|---|
| 0.023940 | 0.023945 | 0.023940 | 0.023945 | +0.000005 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.023940 | 2025-05-08 07:34:04 |