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Forex Trend Analysis Report

Prepared for you on Tuesday, December 1, 2020.

Euro/Cape Verdean Escudo (FOREX:EURCVE)

Strong Downtrend (-100) - EURCVE 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 EURCVE?

MarketClub looks at technical strength and momentum to determine if the timing is right for EURCVE.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_EURCVE
Open High Low EURCVE Price Change
110.265 110.265 110.265 110.265 0.000
Entry Signal

MarketClub’s Trade Triangles for EURCVE

long term down The long-term trend has been DOWN since Oct 13th, 2019 at 110.27

intermediate term down The intermediate-term trend has been DOWN since Oct 13th, 2019 at 110.27

short term down The short-term trend has been DOWN since Oct 13th, 2019 at 110.27

Smart Scan Analysis for EURCVE

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

-100
Smart Scan Analysis for EURCVE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
110.265 110.265 110.265 110.265 0.000
Prev. Close Volume Bid Ask Time
110.265 2020-12-01 07:19:20
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