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Forex Trend Analysis Report

Prepared for you on Friday, March 24, 2023.

Cape Verdean Escudo/Euro (FOREX:CVEEUR)

Strong Downtrend (-100) - CVEEUR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, CVEEUR continues to fall. Traders should use caution and set stops.

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.

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FOREX_CVEEUR
Open High Low CVEEUR Price Change
0.00906947 0.00906947 0.00906947 0.00906947 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 down The intermediate-term trend has been DOWN since Mar 9th, 2023 at 0.00906906

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

Smart Scan Analysis for CVEEUR

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

-100
Smart Scan Analysis for CVEEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00906947 0.00906947 0.00906947 0.00906947 0.00000000
Prev. Close Volume Bid Ask Time
0.00906947 2023-03-18 03:55:50
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