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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

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.

FOREX_EURVES
Open High Low EURVES Price Change
53.669236 62.935185 53.559916 62.839783 +9.170547
Entry Signal

MarketClub’s Trade Triangles for EURVES

long term up The long-term trend has been UP since Jul 21st, 2024 at 40.002616

intermediate term up The intermediate-term trend has been UP since Sep 17th, 2024 at 40.956478

short term up The short-term trend has been UP since Dec 19th, 2024 at 53.068036

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
53.669236 62.935185 53.559916 62.839783 +9.170547
Prev. Close Volume Bid Ask Time
53.669236 2024-12-26 07:28:17
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