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Forex Trend Analysis Report

Prepared for you on Saturday, May 25, 2019.

US Dollar/Ugandan Shilling (FOREX:USDUGX)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_USDUGX
Open High Low USDUGX Price Change
3757.05 3757.05 3757.05 3757.05 0.00
Entry Signal

MarketClub’s Trade Triangles for USDUGX

long term up The long term trend has been UP since Apr 10th, 2019 at 3745.85

intermediate term up The intermediate term trend has been UP since Feb 28th, 2019 at 3679.85

short term down The short term trend has been DOWN since May 16th, 2019 at 3769.80

Smart Scan Analysis for USDUGX

Based on a pre-defined weighted trend formula for chart analysis, USDUGX scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for USDUGX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3757.05 3757.05 3757.05 3757.05 0.00
Prev. Close Volume Bid Ask Time
3757.05 3716.90 3797.20 2019-05-25 09:13:17
Want to analyze US Dollar/Ugandan Shilling USDUGX or another symbol? Try our Free Forex Trend Analysis Report.