Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Venezuelan Sovereign Bolivar/British Pound (FOREX:VESGBP)
Sidelines Mode (-55) - VESGBP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid VESGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for VESGBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for VESGBP
The long-term trend has been UP since Apr 12th, 2024 at 0.02212879
The intermediate-term trend has been DOWN since May 6th, 2024 at 0.02186803
The short-term trend has been UP since May 8th, 2024 at 0.02189238
Smart Scan Analysis for VESGBP
Based on our trend formula, VESGBP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.02190112 | 0.02191725 | 0.02190112 | 0.02191083 | +0.00001000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.02185727 | 2024-05-08 15:54:26 |