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Forex Trend Analysis Report

Prepared for you on Sunday, November 29, 2020.

Cape Verdean Escudo/US Dollar (FOREX:CVEUSD)

Weak Uptrend (+65) - CVEUSD is showing signs of weakening momentum to the upside. Monitor CVEUSD as it may be in the beginning stages of a reversal.

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
0.0107399 0.0107399 0.0107399 0.0107399 0.0000000
Entry Signal

MarketClub’s Trade Triangles for CVEUSD

long term up The long-term trend has been UP since Jun 5th, 2020 at 0.01026999

intermediate term up The intermediate-term trend has been UP since Nov 8th, 2020 at 0.01074307

short term down The short-term trend has been DOWN since Nov 23rd, 2020 at 0.01074035

Smart Scan Analysis for CVEUSD

Based on our trend formula, CVEUSD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for CVEUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0107399 0.0107399 0.0107399 0.0107399 0.0000000
Prev. Close Volume Bid Ask Time
0.0108131 2020-11-23 21:06:59
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