Forex Trend Analysis Report
Prepared for you on Wednesday, March 29, 2023.
/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 Oct 5th, 2022 at 0.00009095
The intermediate-term trend has been DOWN since Mar 24th, 2023 at 0.00008764
The short-term trend has been DOWN since Mar 24th, 2023 at 0.00008764
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).