Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, April 18, 2024.
Euro/Venezuelan Sovereign Bolivar (FOREX:EURVES)
Bear Market Rally (-75) - EURVES is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on EURVES as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid EURVES?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURVES.
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 EURVES
The long-term trend has been DOWN since Dec 1st, 2023 at 34.825924
The intermediate-term trend has been DOWN since Mar 27th, 2024 at 39.324582
The short-term trend has been UP since Apr 18th, 2024 at 38.559362
Smart Scan Analysis for EURVES
Based on our trend formula, EURVES is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 38.637556 | 38.637556 | 38.637556 | 38.637556 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 38.637556 | 2024-04-18 15:56:41 |