Forex Trend Analysis Report
Prepared for you on Tuesday, March 19, 2024.
British Pound/Uruguayan Peso (FOREX:GBPUYU)
Sidelines Mode (+55) - GBPUYU 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 GBPUYU?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPUYU.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for GBPUYU
The long-term trend has been UP since Nov 6th, 2023 at 49.082475
The intermediate-term trend has been UP since Mar 6th, 2024 at 49.555600
The short-term trend has been DOWN since Mar 17th, 2024 at 49.692347
Smart Scan Analysis for GBPUYU
Based on our trend formula, GBPUYU is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
48.950967 | 49.038951 | 48.950967 | 49.038951 | +0.087984 |
Prev. Close | Volume | Bid | Ask | Time |
48.950967 | 2024-03-18 15:33:28 |