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Forex Trend Analysis Report

Prepared for you on Saturday, November 27, 2021.

Euro/Venezuelan Sovereign Bolivar (FOREX:EURVES)

Sidelines Mode (+55) - EURVES is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
5.0795550 5.1067667 5.0795550 5.1003500 +0.0207950
Entry Signal

MarketClub’s Trade Triangles for EURVES

long term down The long-term trend has been DOWN since Oct 4th, 2021 at 3813115.3125000

intermediate term up The intermediate-term trend has been UP since Oct 25th, 2021 at 4.8928262

short term down The short-term trend has been DOWN since Nov 24th, 2021 at 5.0955000

Smart Scan Analysis for EURVES

Based on our trend formula, EURVES is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for EURVES
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.0795550 5.1067667 5.0795550 5.1003500 +0.0207950
Prev. Close Volume Bid Ask Time
5.0795550 2021-11-24 18:53:31
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