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Forex Trend Analysis Report
Prepared for you on Wednesday, May 1, 2024.
Uruguayan Peso/Euro (FOREX:UYUEUR)
Strong Uptrend (+100) - UYUEUR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, UYUEUR 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 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.
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MarketClub’s Trade Triangles for UYUEUR
The long-term trend has been UP since Feb 23rd, 2024 at 0.023875
The intermediate-term trend has been UP since Apr 29th, 2024 at 0.024490
The short-term trend has been UP since Apr 29th, 2024 at 0.024490
Smart Scan Analysis for UYUEUR
Based on our trend formula, UYUEUR is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.024470 | 0.024500 | 0.024325 | 0.024460 | -0.000010 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.024470 | 2024-04-30 17:25:46 |