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Forex Trend Analysis Report

Prepared for you on Saturday, April 1, 2023.

Cape Verdean Escudo/British Pound (FOREX:CVEGBP)

Weak Downtrend (-65) - CVEGBP is showing signs of a strengthening downtrend. Monitor CVEGBP as it may be building momentum to the downside.

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

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

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

FOREX_CVEGBP
Open High Low CVEGBP Price Change
0.00797053 0.00797053 0.00797053 0.00797053 0.00000000
Entry Signal

MarketClub’s Trade Triangles for CVEGBP

long term up The long-term trend has been UP since Sep 2nd, 2022 at 0.00782202

intermediate term down The intermediate-term trend has been DOWN since Mar 17th, 2023 at 0.00799401

short term down The short-term trend has been DOWN since Mar 10th, 2023 at 0.00803800

Smart Scan Analysis for CVEGBP

Based on our trend formula, CVEGBP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for CVEGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00797053 0.00797053 0.00797053 0.00797053 0.00000000
Prev. Close Volume Bid Ask Time
0.00797053 2023-03-31 08:50:08
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