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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

US Dollar/Cape Verdean Escudo (FOREX:USDCVE)

Strong Uptrend (+100) - USDCVE is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, USDCVE 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 ?

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

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

FOREX_USDCVE
Open High Low USDCVE Price Change
101.75099 101.75099 101.75099 101.75099 0.00000
Entry Signal

MarketClub’s Trade Triangles for USDCVE

long term up The long-term trend has been UP since Feb 11th, 2020 at 101.00

intermediate term up The intermediate-term trend has been UP since Jan 22nd, 2020 at 99.65

short term up The short-term trend has been UP since Feb 5th, 2020 at 100.35

Smart Scan Analysis for USDCVE

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

+100
Smart Scan Analysis for USDCVE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
101.75099 101.75099 101.75099 101.75099 0.00000
Prev. Close Volume Bid Ask Time
101.71579 101.75099 101.75099 2020-02-16 21:04:29
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