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Forex Trend Analysis Report

Prepared for you on Thursday, November 30, 2023.

Venezuelan Sovereign Bolivar/Euro (FOREX:VESEUR)

Strong Downtrend (-100) - VESEUR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, VESEUR continues to fall. Traders should use caution and set stops.

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

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

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

FOREX_VESEUR
Open High Low VESEUR Price Change
0.0257353 0.0257353 0.0257353 0.0257353 0.0000000
Entry Signal

MarketClub’s Trade Triangles for VESEUR

long term down The long-term trend has been DOWN since May 23rd, 2022 at 0.19334964

intermediate term down The intermediate-term trend has been DOWN since Mar 27th, 2023 at 0.03868004

short term down The short-term trend has been DOWN since Nov 9th, 2023 at 0.02652753

Smart Scan Analysis for VESEUR

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

-100
Smart Scan Analysis for VESEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0257353 0.0257353 0.0257353 0.0257353 0.0000000
Prev. Close Volume Bid Ask Time
0.0257353 2023-11-29 12:01:56
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