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Forex Trend Analysis Report

Prepared for you on Wednesday, January 22, 2020.

Venezuelan Sovereign Bolivar/Euro (FOREX:VESEUR)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_VESEUR
Open High Low VESEUR Price Change
0.00001215 0.00001215 0.00001215 0.00001215 0.00000000
Entry Signal

MarketClub’s Trade Triangles for VESEUR

long term down The long term trend has been DOWN since Aug 26th, 2019 at 0.00006900

intermediate term down The intermediate term trend has been DOWN since Oct 28th, 2019 at 0.00004791

short term down The short term trend has been DOWN since Jan 2nd, 2020 at 0.00001972

Smart Scan Analysis for VESEUR

Based on a pre-defined weighted trend formula for chart analysis, VESEUR scored -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
0.00001215 0.00001215 0.00001215 0.00001215 0.00000000
Prev. Close Volume Bid Ask Time
0.00001215 0.00001214 0.00001217 2020-01-21 09:36:35
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