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Forex Trend Analysis Report

Prepared for you on Thursday, April 9, 2020.

Cape Verdean Escudo/US Dollar (FOREX:CVEUSD)

Crossroads (-60) - CVEUSD 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 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.

FOREX_CVEUSD
Open High Low CVEUSD Price Change
0.00985762 0.00985762 0.00985762 0.00985762 0.00000000
Entry Signal

MarketClub’s Trade Triangles for CVEUSD

long term up The long-term trend has been UP since Mar 10th, 2020 at 0.01015626

intermediate term down The intermediate-term trend has been DOWN since Apr 1st, 2020 at 0.01020206

short term down The short-term trend has been DOWN since Apr 1st, 2020 at 0.01020206

Smart Scan Analysis for CVEUSD

Based on our trend formula, CVEUSD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for CVEUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00985762 0.00985762 0.00985762 0.00985762 0.00000000
Prev. Close Volume Bid Ask Time
0.00985762 0.00985762 0.00985762 2020-04-08 07:14:52
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