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Forex Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

Cuban Peso/US Dollar (FOREX:CUPUSD)

Strong Downtrend (-100) - CUPUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, CUPUSD continues to fall. Traders should use caution and set stops.

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
0.04175836 0.04175836 0.04175836 0.04175836 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 down The intermediate-term trend has been DOWN since Apr 10th, 2024 at 0.04153736

short term down The short-term trend has been DOWN since Apr 10th, 2024 at 0.04164691

Smart Scan Analysis for CUPUSD

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

-100
Smart Scan Analysis for CUPUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.04175836 0.04175836 0.04175836 0.04175836 0.00000000
Prev. Close Volume Bid Ask Time
0.04169770 2024-04-21 15:40:06
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