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Forex Trend Analysis Report

Prepared for you on Saturday, June 25, 2022.

Cape Verdean Escudo/British Pound (FOREX:CVEGBP)

Countertrend Up (+85) - CVEGBP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
0.00782202 0.00782202 0.00782202 0.00782202 0.00000000
Entry Signal

MarketClub’s Trade Triangles for CVEGBP

long term up The long-term trend has been UP since May 26th, 2022 at 0.00766503

intermediate term up The intermediate-term trend has been UP since Jun 2nd, 2022 at 0.00770557

short term up The short-term trend has been UP since May 26th, 2022 at 0.00761842

Smart Scan Analysis for CVEGBP

Based on our trend formula, CVEGBP is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for CVEGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00782202 0.00782202 0.00782202 0.00782202 0.00000000
Prev. Close Volume Bid Ask Time
0.00782202 2022-06-22 21:08:42
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