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Forex Trend Analysis Report

Prepared for you on Monday, May 27, 2024.

Uruguayan Peso/British Pound (FOREX:UYUGBP)

Weak Downtrend (-65) - UYUGBP is showing signs of a strengthening downtrend. Monitor UYUGBP as it may be building momentum to the downside.

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
0.02037124 0.02037124 0.02037124 0.02037124 0.00000000
Entry Signal

MarketClub’s Trade Triangles for UYUGBP

long term up The long-term trend has been UP since Mar 28th, 2024 at 0.02049142

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 0.02069775

short term down The short-term trend has been DOWN since May 27th, 2024 at 0.02042489

Smart Scan Analysis for UYUGBP

Based on our trend formula, UYUGBP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for UYUGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02037124 0.02037124 0.02037124 0.02037124 0.00000000
Prev. Close Volume Bid Ask Time
0.02037124 2024-05-27 07:25:50
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