Forex Trend Analysis Report
Prepared for you on Wednesday, January 19, 2022.
US Dollar/Cuban Peso (FOREX:USDCUP)
Weak Downtrend (-65) - USDCUP is showing signs of a strengthening downtrend. Monitor USDCUP as it may be building momentum to the downside.
Is it time to buy, sell, or avoid USDCUP?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDCUP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for USDCUP
The long-term trend has been DOWN since Dec 12th, 2021 at 23.933961
The intermediate-term trend has been UP since Dec 28th, 2021 at 24.051893
The short-term trend has been DOWN since Jan 14th, 2022 at 24.002159
Smart Scan Analysis for USDCUP
Based on our trend formula, USDCUP is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).