Forex Trend Analysis Report
Prepared for you on Monday, August 15, 2022.
US Dollar/Uruguayan Peso (FOREX:USDUYU)
Weak Downtrend (-65) - USDUYU is showing signs of a strengthening downtrend. Monitor USDUYU as it may be building momentum to the downside.
Is it time to buy, sell, or avoid USDUYU?
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 Jul 27th, 2022 at 41.394413
The intermediate-term trend has been DOWN since Aug 5th, 2022 at 41.104691
The short-term trend has been DOWN since Aug 5th, 2022 at 41.592427
Smart Scan Analysis for USDUYU
Based on our trend formula, USDUYU is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).