Forex Trend Analysis Report
Prepared for you on Wednesday, May 12, 2021.
Ukrainian Hryvnia/US Dollar (FOREX:UAHUSD)
Weak Downtrend (-65) - UAHUSD is showing signs of a strengthening downtrend. Monitor UAHUSD as it may be building momentum to the downside.
Is it time to buy, sell, or avoid UAHUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for UAHUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for UAHUSD
The long-term trend has been UP since Dec 11th, 2020 at 0.03567562
The intermediate-term trend has been DOWN since Mar 28th, 2021 at 0.03600109
The short-term trend has been DOWN since Apr 12th, 2021 at 0.03593397
Smart Scan Analysis for UAHUSD
Based on our trend formula, UAHUSD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).