Forex Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
Cape Verdean Escudo/British Pound (FOREX:CVEGBP)
Crossroads (-60) - CVEGBP 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 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.
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MarketClub’s Trade Triangles for CVEGBP
The long-term trend has been DOWN since Jan 26th, 2024 at 0.00775790
The intermediate-term trend has been UP since Apr 2nd, 2024 at 0.00775904
The short-term trend has been UP since Apr 21st, 2024 at 0.00778262
Smart Scan Analysis for CVEGBP
Based on our trend formula, CVEGBP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.0077891 | 0.0077891 | 0.0077891 | 0.0077891 | 0.0000000 |
Prev. Close | Volume | Bid | Ask | Time |
0.0077800 | 2024-04-24 21:01:01 |