Forex Trend Analysis Report
Prepared for you on Wednesday, March 3, 2021.
/US Dollar (FOREX:UZSUSD)
Bear Market Rally (-75) - UZSUSD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on UZSUSD as it may be in the beginning of a reversal.
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 Feb 24th, 2021 at 0.00009487
The short-term trend has been UP since Mar 1st, 2021 at 0.00009488
Smart Scan Analysis for UZSUSD
Based on our trend formula, UZSUSD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).