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Forex Trend Analysis Report

Prepared for you on Tuesday, October 26, 2021.

Cape Verdean Escudo/US Dollar (FOREX:CVEUSD)

Strong Downtrend (-100) - CVEUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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
0.01054102 0.01054102 0.01054102 0.01054102 0.00000000
Entry Signal

MarketClub’s Trade Triangles for CVEUSD

long term down The long-term trend has been DOWN since Aug 8th, 2021 at 0.01068032

intermediate term down The intermediate-term trend has been DOWN since Sep 21st, 2021 at 0.01066508

short term down The short-term trend has been DOWN since Oct 25th, 2021 at 0.01055117

Smart Scan Analysis for CVEUSD

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

-100
Smart Scan Analysis for CVEUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01054102 0.01054102 0.01054102 0.01054102 0.00000000
Prev. Close Volume Bid Ask Time
0.01054102 2021-10-26 07:16:42
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