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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.
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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 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).
| 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 |