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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Cape Verdean Escudo/US Dollar (FOREX:CVEUSD)
Sidelines Mode (+55) - CVEUSD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 Mar 5th, 2025 at 0.00958482
The intermediate-term trend has been UP since Apr 3rd, 2025 at 0.00990568
The short-term trend has been DOWN since May 1st, 2025 at 0.01030658
Smart Scan Analysis for CVEUSD
Based on our trend formula, CVEUSD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.01030835 | 0.01030835 | 0.01030835 | 0.01030835 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.01024718 | 2025-05-07 07:25:21 |