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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

British Pound/Cape Verdean Escudo (FOREX:GBPCVE)

Weak Downtrend (-65) - GBPCVE is showing signs of a strengthening downtrend. Monitor GBPCVE as it may be building momentum to the downside.

Is it time to buy, sell, or avoid GBPCVE?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPCVE.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPCVE
Open High Low GBPCVE Price Change
129.56272 129.56272 129.56272 129.56272 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPCVE

long term down The long-term trend has been DOWN since Apr 8th, 2025 at 130.48340

intermediate term up The intermediate-term trend has been UP since Apr 28th, 2025 at 129.30671

short term down The short-term trend has been DOWN since May 7th, 2025 at 129.70293

Smart Scan Analysis for GBPCVE

Based on our trend formula, GBPCVE is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for GBPCVE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
129.56272 129.56272 129.56272 129.56272 0.00000
Prev. Close Volume Bid Ask Time
130.02718 2025-05-07 07:25:21
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