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Forex Trend Analysis Report

Prepared for you on Monday, May 10, 2021.

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
53.254 53.254 53.254 53.254 0.000
Entry Signal

MarketClub’s Trade Triangles for EURUYU

long term up The long-term trend has been UP since Mar 4th, 2020 at 42.171

intermediate term down The intermediate-term trend has been DOWN since Mar 25th, 2021 at 52.446

short term up The short-term trend has been UP since Apr 6th, 2021 at 52.082

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
53.254 53.254 53.254 53.254 0.000
Prev. Close Volume Bid Ask Time
53.254 2021-05-08 11:31:00
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