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Forex Trend Analysis Report
Prepared for you on Monday, January 20, 2025.
Cape Verdean Escudo/British Pound (FOREX:CVEGBP)
Sidelines Mode (+50) - CVEGBP is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until CVEGBP can gain momentum.
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 Sep 26th, 2024 at 0.00761865
The intermediate-term trend has been UP since Jan 7th, 2025 at 0.00752324
The short-term trend has been UP since Jan 7th, 2025 at 0.00752324
Smart Scan Analysis for CVEGBP
Based on our trend formula, CVEGBP is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00760164 | 0.00760164 | 0.00760164 | 0.00760164 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00766200 | 2025-01-09 07:25:15 |