Forex Trend Analysis Report
Prepared for you on Sunday, June 16, 2019.
Uruguayan Peso/Euro (FOREX:UYUEUR)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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.
MarketClub’s Trade Triangles for UYUEUR
The long term trend has been DOWN since Mar 14th, 2019 at 0.026500
The intermediate term trend has been DOWN since Mar 12th, 2019 at 0.026820
The short term trend has been UP since Jun 13th, 2019 at 0.025085
Smart Scan Analysis for UYUEUR
Based on a pre-defined weighted trend formula for chart analysis, UYUEUR scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).