Forex Trend Analysis Report
Prepared for you on Sunday, October 24, 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 Oct 4th, 2021 at 0.00000026
The intermediate-term trend has been UP since Oct 4th, 2021 at 0.00000021
The short-term trend has been DOWN since Oct 14th, 2021 at 0.20809044
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).