Forex Trend Analysis Report
Prepared for you on Monday, June 1, 2020.
Cuban Peso/US Dollar (FOREX:CUPUSD)
Bear Market Rally (-75) - CUPUSD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CUPUSD as it may be in the beginning of a reversal.
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.
MarketClub’s Trade Triangles for CUPUSD
The long-term trend has been DOWN since May 13th, 2020 at 0.9985751
The intermediate-term trend has been UP since May 18th, 2020 at 1.0070617
The short-term trend has been DOWN since May 21st, 2020 at 1.0007245
Smart Scan Analysis for CUPUSD
Based on our trend formula, CUPUSD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).