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Forex Trend Analysis Report
Prepared for you on Friday, May 30, 2025.
British Pound/Cape Verdean Escudo (FOREX:GBPCVE)
Sidelines Mode (+50) - GBPCVE is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until GBPCVE can gain momentum.
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.
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MarketClub’s Trade Triangles for GBPCVE
The long-term trend has been DOWN since Apr 8th, 2025 at 130.48340
The intermediate-term trend has been UP since Apr 28th, 2025 at 129.30671
The short-term trend has been UP since May 23rd, 2025 at 131.09229
Smart Scan Analysis for GBPCVE
Based on our trend formula, GBPCVE is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 131.48073 | 131.48073 | 131.48073 | 131.48073 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 131.48073 | 2025-05-27 21:00:06 |