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Forex Trend Analysis Report

Prepared for you on Sunday, June 25, 2017.

Cape Verdean Escudo/US Dollar (FOREX:CVEUSD)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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_CVEUSD
Open High Low CVEUSD Price Change
0.01015 0.01015 0.01015 0.01015 0.00000
Entry Signal

MarketClub’s Trade Triangles for CVEUSD

long term up The long term trend has been UP since Apr 27th, 2017 at 0.00978

intermediate term down The intermediate term trend has been DOWN since Jun 25th, 2017 at 0.01016

short term up The short term trend has been UP since May 15th, 2017 at 0.00991

Smart Scan Analysis for CVEUSD

Based on a pre-defined weighted trend formula for chart analysis, CVEUSD scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for CVEUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01015 0.01015 0.01015 0.01015 0.00000
Prev. Close Volume Bid Ask Time
0.01015 0.01015 0.01015 2017-06-25 12:57:33
Want to analyze Cape Verdean Escudo/US Dollar CVEUSD or another symbol? Try our Free Forex Trend Analysis Report.