Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Sunday, April 14, 2024.

Euro/Venezuelan Sovereign Bolivar (FOREX:EURVES)

Strong Downtrend (-100) - EURVES is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, EURVES continues to fall. Traders should use caution and set stops.

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
38.559362 38.559362 38.559362 38.559362 0.000000
Entry Signal

MarketClub’s Trade Triangles for EURVES

long term down The long-term trend has been DOWN since Dec 1st, 2023 at 34.825924

intermediate term down The intermediate-term trend has been DOWN since Mar 27th, 2024 at 39.324582

short term down The short-term trend has been DOWN since Apr 9th, 2024 at 39.197390

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).

-100
Smart Scan Analysis for EURVES
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
38.559362 38.559362 38.559362 38.559362 0.000000
Prev. Close Volume Bid Ask Time
38.559362 2024-04-12 12:58:50
Get a free daily analysis and signals for Euro/Venezuelan Sovereign Bolivar (EURVES) - Request Your Free Report.