Forex Trend Analysis Report
Prepared for you on Monday, February 17, 2020.
US Dollar/Uruguayan Peso (FOREX:USDUYU)
Strong Uptrend (+100) - USDUYU is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, USDUYU continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid
MarketClub looks at technical strength and momentum to determine if the timing is right for USDUYU.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for USDUYU
The long-term trend has been UP since Mar 11th, 2019 at 32.820000
The intermediate-term trend has been UP since Feb 3rd, 2020 at 37.529006
The short-term trend has been UP since Jan 31st, 2020 at 37.359132
Smart Scan Analysis for USDUYU
Based on our trend formula, USDUYU is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).