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Forex Trend Analysis Report

Prepared for you on Friday, August 23, 2019.

Uruguayan Peso/Euro (FOREX:UYUEUR)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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.

FOREX_UYUEUR
Open High Low UYUEUR Price Change
0.02474 0.02476 0.02474 0.02476 +0.00002
Entry Signal

MarketClub’s Trade Triangles for UYUEUR

long term down The long term trend has been DOWN since Mar 14th, 2019 at 0.026500

intermediate term down The intermediate term trend has been DOWN since Aug 9th, 2019 at 0.025225

short term down The short term trend has been DOWN since Aug 1st, 2019 at 0.026120

Smart Scan Analysis for UYUEUR

Based on a pre-defined weighted trend formula for chart analysis, UYUEUR scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for UYUEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02474 0.02476 0.02474 0.02476 +0.00002
Prev. Close Volume Bid Ask Time
0.02474 0.02445 0.02507 2019-08-23 01:27:26
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