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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Euro/Venezuelan Sovereign Bolivar (FOREX:EURVES)
Countertrend Up (+85) - EURVES is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score 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 Jul 11th, 2024 at 39.684280
The short-term trend has been DOWN since Jul 22nd, 2024 at 39.726214
Smart Scan Analysis for EURVES
Based on our trend formula, EURVES is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 39.682403 | 39.765935 | 39.498451 | 39.750874 | +0.068471 |
| Prev. Close | Volume | Bid | Ask | Time |
| 39.682403 | 2024-07-26 20:46:43 |