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Forex Trend Analysis Report
Prepared for you on Saturday, December 21, 2024.
Uruguayan Peso/Euro (FOREX:UYUEUR)
Countertrend Up (+85) - UYUEUR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 Dec 5th, 2024 at 0.02265
The intermediate-term trend has been UP since Dec 5th, 2024 at 0.02265
The short-term trend has been UP since Dec 18th, 2024 at 0.02153
Smart Scan Analysis for UYUEUR
Based on our trend formula, UYUEUR is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.021645 | 0.021645 | 0.021405 | 0.021430 | -0.000215 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.021430 | 2024-12-20 16:57:35 |