Forex Trend Analysis Report
Prepared for you on Friday, October 30, 2020.
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, SHORTSYMBOL 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.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CVEEUR
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
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).