Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, September 28, 2023.

Uruguayan Peso/Euro (FOREX:UYUEUR)

Bull Market Weakness (+75) - UYUEUR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on UYUEUR as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid UYUEUR?

MarketClub looks at technical strength and momentum to determine if the timing is right for UYUEUR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_UYUEUR
Open High Low UYUEUR Price Change
0.024865 0.024880 0.024605 0.024610 -0.000255
Entry Signal

MarketClub’s Trade Triangles for UYUEUR

long term up The long-term trend has been UP since Jun 23rd, 2023 at 0.024285

intermediate term up The intermediate-term trend has been UP since Jul 31st, 2023 at 0.024230

short term down The short-term trend has been DOWN since Sep 28th, 2023 at 0.024635

Smart Scan Analysis for UYUEUR

Based on our trend formula, UYUEUR is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for UYUEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.024865 0.024880 0.024605 0.024610 -0.000255
Prev. Close Volume Bid Ask Time
0.024865 2023-09-28 17:33:57
Get a free daily analysis and signals for Uruguayan Peso/Euro (UYUEUR) - Request Your Free Report.