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Forex Trend Analysis Report

Prepared for you on Tuesday, May 24, 2022.

British Pound/Uruguayan Peso (FOREX:GBPUYU)

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

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.

FOREX_GBPUYU
Open High Low GBPUYU Price Change
50.552625 50.552625 50.552625 50.552625 0.000000
Entry Signal

MarketClub’s Trade Triangles for GBPUYU

long term down The long-term trend has been DOWN since Feb 23rd, 2022 at 58.266924

intermediate term down The intermediate-term trend has been DOWN since Jan 26th, 2022 at 60.652877

short term down The short-term trend has been DOWN since Jan 19th, 2022 at 60.885903

Smart Scan Analysis for GBPUYU

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

-100
Smart Scan Analysis for GBPUYU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
50.552625 50.552625 50.552625 50.552625 0.000000
Prev. Close Volume Bid Ask Time
50.552625 2022-05-20 07:26:30
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