Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, September 28, 2021.

Ugandan Shilling/Euro (FOREX:UGXEUR)

Countertrend Up (+85) - UGXEUR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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

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

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

FOREX_UGXEUR
Open High Low UGXEUR Price Change
0.00024234 0.00024234 0.00024234 0.00024234 0.00000000
Entry Signal

MarketClub’s Trade Triangles for UGXEUR

long term up The long-term trend has been UP since Mar 7th, 2021 at 0.00022778

intermediate term up The intermediate-term trend has been UP since Sep 27th, 2021 at 0.00024094

short term up The short-term trend has been UP since Sep 9th, 2021 at 0.00023937

Smart Scan Analysis for UGXEUR

Based on our trend formula, UGXEUR is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for UGXEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00024234 0.00024234 0.00024234 0.00024234 0.00000000
Prev. Close Volume Bid Ask Time
0.00024234 2021-09-27 21:07:17
Get a free daily analysis and signals for Ugandan Shilling/Euro (UGXEUR) - Request Your Free Report.