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Forex Trend Analysis Report

Prepared for you on Monday, July 22, 2024.

Venezuelan Sovereign Bolivar/Euro (FOREX:VESEUR)

Long-Term Downtrend (-90) - VESEUR is in a strong downtrend that is likely to continue. While VESEUR is showing intraday strength, it remains in the confines of a bearish trend. 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
0.02511258 0.02512680 0.02510985 0.02512680 +0.00001400
Entry Signal

MarketClub’s Trade Triangles for VESEUR

long term down The long-term trend has been DOWN since Jul 21st, 2024 at 0.02496499

intermediate term down The intermediate-term trend has been DOWN since Jul 8th, 2024 at 0.02526879

short term down The short-term trend has been DOWN since Jul 21st, 2024 at 0.02504046

Smart Scan Analysis for VESEUR

Based on our trend formula, VESEUR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for VESEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02511258 0.02512680 0.02510985 0.02512680 +0.00001400
Prev. Close Volume Bid Ask Time
0.02511258 2024-07-22 01:12:10
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