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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Cape Verdean Escudo/US Dollar (FOREX:CVEUSD)
Bear Market Rally (-75) - CVEUSD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CVEUSD as it may be in the beginning 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.
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MarketClub’s Trade Triangles for CVEUSD
The long-term trend has been DOWN since Nov 19th, 2024 at 0.00981948
The intermediate-term trend has been DOWN since Feb 2nd, 2025 at 0.00946012
The short-term trend has been UP since Feb 14th, 2025 at 0.00943223
Smart Scan Analysis for CVEUSD
Based on our trend formula, CVEUSD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00949123 | 0.00949123 | 0.00949123 | 0.00949123 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00949123 | 2025-02-22 01:41:03 |