Forex Trend Analysis Report
Prepared for you on Wednesday, October 20, 2021.
/US Dollar (FOREX:UZSUSD)
Long-Term Downtrend (-90) - UZSUSD is in a strong downtrend that is likely to continue. While UZSUSD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid UZSUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for UZSUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for UZSUSD
The long-term trend has been DOWN since Apr 5th, 2020 at 0.00010418
The intermediate-term trend has been DOWN since Oct 15th, 2021 at 0.00009355
The short-term trend has been DOWN since Oct 15th, 2021 at 0.00009355
Smart Scan Analysis for UZSUSD
Based on our trend formula, UZSUSD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).