Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
British Pound/Venezuelan Sovereign Bolivar (FOREX:GBPVES)
Weak Downtrend (-65) - GBPVES is showing signs of a strengthening downtrend. Monitor GBPVES as it may be building momentum to the downside.
Is it time to buy, sell, or avoid GBPVES?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPVES.
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 GBPVES
The long-term trend has been DOWN since Apr 12th, 2024 at 45.190044
The intermediate-term trend has been UP since May 6th, 2024 at 45.728938
The short-term trend has been DOWN since May 8th, 2024 at 45.677986
Smart Scan Analysis for GBPVES
Based on our trend formula, GBPVES is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
45.659862 | 45.659862 | 45.626231 | 45.639576 | -0.020286 |
Prev. Close | Volume | Bid | Ask | Time |
45.751439 | 2024-05-08 15:54:26 |