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Forex Trend Analysis Report

Prepared for you on Thursday, May 24, 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
93.880 94.110 93.575 93.575 -0.305
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 Apr 27th, 2018 at 90.4500

short term up The short term trend has been UP since May 15th, 2018 at 92.6495

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
93.880 94.110 93.575 93.575 -0.305
Prev. Close Volume Bid Ask Time
93.543 93.150 94.000 2018-05-21 17:08:29
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