Forex Trend Analysis Report
Prepared for you on Monday, March 18, 2024.
Cape Verdean Escudo/British Pound (FOREX:CVEGBP)
Countertrend Down (-85) - CVEGBP is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid CVEGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for CVEGBP.
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 CVEGBP
The long-term trend has been DOWN since Jan 26th, 2024 at 0.00775790
The intermediate-term trend has been DOWN since Mar 12th, 2024 at 0.00775341
The short-term trend has been UP since Mar 18th, 2024 at 0.00775178
Smart Scan Analysis for CVEGBP
Based on our trend formula, CVEGBP is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.00775904 | 0.00775904 | 0.00774521 | 0.00774521 | -0.00001400 |
Prev. Close | Volume | Bid | Ask | Time |
0.00775904 | 2024-03-18 15:33:28 |