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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Euro/Uruguayan Peso (FOREX:EURUYU)

Sidelines Mode (+55) - EURUYU is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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

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

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

FOREX_EURUYU
Open High Low EURUYU Price Change
46.35 46.35 46.35 46.35 0.00
Entry Signal

MarketClub’s Trade Triangles for EURUYU

long term up The long-term trend has been UP since Dec 15th, 2024 at 46.26

intermediate term up The intermediate-term trend has been UP since Dec 9th, 2024 at 43.69

short term down The short-term trend has been DOWN since Dec 19th, 2024 at 46.47

Smart Scan Analysis for EURUYU

Based on our trend formula, EURUYU is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for EURUYU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
46.35 46.35 46.35 46.35 0.00
Prev. Close Volume Bid Ask Time
46.27 2024-12-21 08:23:54
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