Forex Trend Analysis Report
Prepared for you on Monday, November 23, 2020.
Euro/Venezuelan Sovereign Bolivar (FOREX:EURVES)
Strong Uptrend (+100) - EURVES is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, EURVES continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for EURVES
The long-term trend has been UP since Oct 26th, 2018 at 72.68
The intermediate-term trend has been UP since Apr 12th, 2019 at 3729.00
The short-term trend has been UP since Apr 12th, 2019 at 3721.00
Smart Scan Analysis for EURVES
Based on our trend formula, EURVES is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).