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Forex Trend Analysis Report

Prepared for you on Monday, May 1, 2017.

Cape Verdean Escudo/US Dollar (FOREX:CVEUSD)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.

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
0.00986 0.00986 0.00986 0.00986 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 up The intermediate term trend has been UP since Apr 19th, 2017 at 0.00968

short term up The short term trend has been UP since Jan 20th, 2017 at 0.00957

Smart Scan Analysis for CVEUSD

Based on a pre-defined weighted trend formula for chart analysis, CVEUSD scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+80
Smart Scan Analysis for CVEUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00986 0.00986 0.00986 0.00986 0.00000
Prev. Close Volume Bid Ask Time
0.00988 0.00986 0.00986 2017-04-27 18:57:10
Want to analyze Cape Verdean Escudo/US Dollar CVEUSD or another symbol? Try our Free Forex Trend Analysis Report.