Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Saturday, June 22, 2024.

Cuban Peso/US Dollar (FOREX:CUPUSD)

Sidelines Mode (+50) - CUPUSD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until CUPUSD can gain momentum.

Is it time to buy, sell, or avoid CUPUSD?

MarketClub looks at technical strength and momentum to determine if the timing is right for CUPUSD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CUPUSD
Open High Low CUPUSD Price Change
0.04167401 0.04167401 0.04167401 0.04167401 0.00000000
Entry Signal

MarketClub’s Trade Triangles for CUPUSD

long term down The long-term trend has been DOWN since Apr 10th, 2024 at 0.04141073

intermediate term up The intermediate-term trend has been UP since Jun 12th, 2024 at 0.04177021

short term up The short-term trend has been UP since Jun 12th, 2024 at 0.04177021

Smart Scan Analysis for CUPUSD

Based on our trend formula, CUPUSD is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for CUPUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.04167401 0.04167401 0.04167401 0.04167401 0.00000000
Prev. Close Volume Bid Ask Time
0.04175515 2024-06-21 07:26:10
Get a free daily analysis and signals for Cuban Peso/US Dollar (CUPUSD) - Request Your Free Report.