Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Euro/Venezuelan Sovereign Bolivar (FOREX:EURVES)
Bull Market Weakness (+75) - EURVES is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on EURVES as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for EURVES
The long-term trend has been UP since Jul 21st, 2024 at 40.002616
The intermediate-term trend has been UP since Sep 17th, 2024 at 40.956478
The short-term trend has been DOWN since Nov 19th, 2024 at 47.645668
Smart Scan Analysis for EURVES
Based on our trend formula, EURVES is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 48.485330 | 48.508869 | 48.381940 | 48.400478 | -0.084852 |
| Prev. Close | Volume | Bid | Ask | Time |
| 48.485330 | 2024-11-20 03:32:50 |