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Forex Trend Analysis Report

Prepared for you on Monday, October 14, 2024.

Euro/Venezuelan Sovereign Bolivar (FOREX:EURVES)

Long-Term Uptrend (+90) - EURVES is in a strong uptrend that is likely to continue. While EURVES is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid EURVES?

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

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

FOREX_EURVES
Open High Low EURVES Price Change
42.429185 42.475285 42.363722 42.395458 -0.033727
Entry Signal

MarketClub’s Trade Triangles for EURVES

long term up The long-term trend has been UP since Jul 21st, 2024 at 40.002616

intermediate term up The intermediate-term trend has been UP since Sep 17th, 2024 at 40.956478

short term up The short-term trend has been UP since Oct 10th, 2024 at 41.032475

Smart Scan Analysis for EURVES

Based on our trend formula, EURVES is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for EURVES
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
42.429185 42.475285 42.363722 42.395458 -0.033727
Prev. Close Volume Bid Ask Time
42.429185 2024-10-14 08:33:28
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