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Forex Trend Analysis Report

Prepared for you on Sunday, December 16, 2018.

Cape Verdean Escudo/British Pound (FOREX:CVEGBP)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_CVEGBP
Open High Low CVEGBP Price Change
0.008151 0.008151 0.008151 0.008151 0.000000
Entry Signal

MarketClub’s Trade Triangles for CVEGBP

long term up The long term trend has been UP since Dec 11th, 2018 at 0.008170

intermediate term up The intermediate term trend has been UP since Dec 3rd, 2018 at 0.008086

short term up The short term trend has been UP since Nov 29th, 2018 at 0.008032

Smart Scan Analysis for CVEGBP

Based on a pre-defined weighted trend formula for chart analysis, CVEGBP scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for CVEGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.008151 0.008151 0.008151 0.008151 0.000000
Prev. Close Volume Bid Ask Time
0.008151 0.008151 0.008151 2018-12-13 20:57:16
Want to analyze Cape Verdean Escudo/British Pound CVEGBP or another symbol? Try our Free Forex Trend Analysis Report.