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Forex Trend Analysis Report

Prepared for you on Monday, August 20, 2018.

/US Dollar (FOREX:VEFUSD)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend 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_VEFUSD
Open High Low VEFUSD Price Change
0.000004 0.000004 0.000004 0.000004 0.000000
Entry Signal

MarketClub’s Trade Triangles for VEFUSD

long term down The long term trend has been DOWN since Aug 14th, 2018 at 0.000005

intermediate term down The intermediate term trend has been DOWN since Aug 14th, 2018 at 0.000005

short term down The short term trend has been DOWN since Aug 14th, 2018 at 0.000005

Smart Scan Analysis for VEFUSD

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

-100
Smart Scan Analysis for VEFUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.000004 0.000004 0.000004 0.000004 0.000000
Prev. Close Volume Bid Ask Time
4e-06 0.000004 0.000004 2018-08-17 18:34:00
Want to analyze /US Dollar VEFUSD or another symbol? Try our Free Forex Trend Analysis Report.