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Forex Trend Analysis Report

Prepared for you on Wednesday, June 23, 2021.

Uruguayan Peso/British Pound (FOREX:UYUGBP)

Sidelines Mode (+50) - UYUGBP is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until UYUGBP can gain momentum.

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

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

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

FOREX_UYUGBP
Open High Low UYUGBP Price Change
0.01639178 0.01639178 0.01639178 0.01639178 0.00000000
Entry Signal

MarketClub’s Trade Triangles for UYUGBP

long term down The long-term trend has been DOWN since Sep 5th, 2019 at 0.02217600

intermediate term up The intermediate-term trend has been UP since Jun 14th, 2021 at 0.01615477

short term up The short-term trend has been UP since Jun 2nd, 2021 at 0.01610111

Smart Scan Analysis for UYUGBP

Based on our trend formula, UYUGBP is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for UYUGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01639178 0.01639178 0.01639178 0.01639178 0.00000000
Prev. Close Volume Bid Ask Time
0.01639178 2021-06-23 07:17:21
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