Forex Trend Analysis Report
Prepared for you on Wednesday, December 1, 2021.
US Dollar/Ukrainian Hryvnia (FOREX:USDUAH)
Bull Market Weakness (+75) - USDUAH is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on USDUAH as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid USDUAH?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDUAH.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for USDUAH
The long-term trend has been UP since Nov 29th, 2021 at 26.984771
The intermediate-term trend has been UP since Nov 22nd, 2021 at 26.234731
The short-term trend has been UP since Nov 22nd, 2021 at 26.155426
Smart Scan Analysis for USDUAH
Based on our trend formula, USDUAH is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).