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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 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 Jan 22nd, 2025 at 131.17182
The intermediate-term trend has been UP since Feb 2nd, 2025 at 131.54347
The short-term trend has been UP since Jan 28th, 2025 at 131.12113
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 |
|---|---|---|---|---|
| 133.19442 | 133.19442 | 133.19442 | 133.19442 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 133.19442 | 2025-02-22 01:41:03 |