Forex Trend Analysis Report
Prepared for you on Tuesday, October 8, 2024.
Cape Verdean Escudo/US Dollar (FOREX:CVEUSD)
Weak Downtrend (-65) - CVEUSD is showing signs of a strengthening downtrend. Monitor CVEUSD as it may be building momentum to the downside.
Is it time to buy, sell, or avoid CVEUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for CVEUSD.
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 CVEUSD
The long-term trend has been UP since Jul 14th, 2024 at 0.00987848
The intermediate-term trend has been DOWN since Oct 1st, 2024 at 0.01004399
The short-term trend has been DOWN since Oct 1st, 2024 at 0.01008094
Smart Scan Analysis for CVEUSD
Based on our trend formula, CVEUSD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.0099601 | 0.0099601 | 0.0099601 | 0.0099601 | 0.0000000 |
Prev. Close | Volume | Bid | Ask | Time |
0.0099601 | 2024-10-05 07:23:01 |