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Forex Trend Analysis Report

Prepared for you on Saturday, August 18, 2018.

US Dollar/Cape Verdean Escudo (FOREX:USDCVE)

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_USDCVE
Open High Low USDCVE Price Change
97.3985 97.3985 97.1840 97.1840 -0.2145
Entry Signal

MarketClub’s Trade Triangles for USDCVE

long term up The long term trend has been UP since May 1st, 2018 at 91.3000

intermediate term up The intermediate term trend has been UP since Jul 19th, 2018 at 95.3705

short term up The short term trend has been UP since Aug 10th, 2018 at 95.6840

Smart Scan Analysis for USDCVE

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

+90
Smart Scan Analysis for USDCVE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
97.3985 97.3985 97.1840 97.1840 -0.2145
Prev. Close Volume Bid Ask Time
97.3985 96.7680 97.6000 2018-08-17 11:14:01
Want to analyze US Dollar/Cape Verdean Escudo USDCVE or another symbol? Try our Free Forex Trend Analysis Report.