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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

US Dollar/Venezuelan Sovereign Bolivar (FOREX:USDVES)

Countertrend Up (+85) - USDVES is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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

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

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

FOREX_USDVES
Open High Low USDVES Price Change
88.61243 88.61243 88.61243 88.61243 0.00000
Entry Signal

MarketClub’s Trade Triangles for USDVES

long term up The long-term trend has been UP since Jul 21st, 2024 at 37.162617

intermediate term up The intermediate-term trend has been UP since Sep 17th, 2024 at 36.845779

short term up The short-term trend has been UP since Mar 21st, 2025 at 65.882802

Smart Scan Analysis for USDVES

Based on our trend formula, USDVES is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for USDVES
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
88.61243 88.61243 88.61243 88.61243 0.00000
Prev. Close Volume Bid Ask Time
91.09822 2025-05-06 13:34:36
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