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Forex Trend Analysis Report

Prepared for you on Tuesday, June 25, 2024.

Uruguayan Peso/US Dollar (FOREX:UYUUSD)

Bear Market Rally (-75) - UYUUSD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on UYUUSD as it may be in the beginning of a reversal.

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

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

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

FOREX_UYUUSD
Open High Low UYUUSD Price Change
0.02520629 0.02520629 0.02520629 0.02520629 0.00000000
Entry Signal

MarketClub’s Trade Triangles for UYUUSD

long term down The long-term trend has been DOWN since Jun 10th, 2024 at 0.02556121

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2024 at 0.02586502

short term up The short-term trend has been UP since Jun 3rd, 2024 at 0.02583500

Smart Scan Analysis for UYUUSD

Based on our trend formula, UYUUSD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for UYUUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02520629 0.02520629 0.02520629 0.02520629 0.00000000
Prev. Close Volume Bid Ask Time
0.02520629 2024-06-25 07:26:20
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