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Forex Trend Analysis Report

Prepared for you on Saturday, June 22, 2024.

Cape Verdean Escudo/Euro (FOREX:CVEEUR)

Crossroads (-60) - CVEEUR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid CVEEUR?

MarketClub looks at technical strength and momentum to determine if the timing is right for CVEEUR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CVEEUR
Open High Low CVEEUR Price Change
0.00906906 0.00906906 0.00906906 0.00906906 0.00000000
Entry Signal

MarketClub’s Trade Triangles for CVEEUR

long term down The long-term trend has been DOWN since Mar 9th, 2023 at 0.00906906

intermediate term up The intermediate-term trend has been UP since Jun 6th, 2023 at 0.00906865

short term up The short-term trend has been UP since Jun 6th, 2023 at 0.00906865

Smart Scan Analysis for CVEEUR

Based on our trend formula, CVEEUR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for CVEEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00906906 0.00906906 0.00906906 0.00906906 0.00000000
Prev. Close Volume Bid Ask Time
0.00906906 2024-06-22 02:49:30
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