Forex Trend Analysis Report
Prepared for you on Wednesday, October 28, 2020.
Long-Term Downtrend (-90) - CUCEUR is in a strong downtrend that is likely to continue. While CUCEUR 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 CUCEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for CUCEUR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CUCEUR
The long-term trend has been DOWN since Oct 21st, 2020 at 0.8487259
The intermediate-term trend has been DOWN since Oct 21st, 2020 at 0.8487259
The short-term trend has been DOWN since Oct 21st, 2020 at 0.8501700
Smart Scan Analysis for CUCEUR
Based on our trend formula, CUCEUR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).