Forex Trend Analysis Report
Prepared for you on Monday, March 8, 2021.
Venezuelan Sovereign Bolivar/Euro (FOREX:VESEUR)
Sidelines Mode (+55) - VESEUR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
MarketClub’s Trade Triangles for VESEUR
The long-term trend has been UP since Jul 6th, 2020 at 0.00001132
The intermediate-term trend has been UP since Jul 6th, 2020 at 0.00000442
The short-term trend has been DOWN since Feb 24th, 2021 at 0.00000046
Smart Scan Analysis for VESEUR
Based on our trend formula, VESEUR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).