Analyze Symbol
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.
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MarketClub’s Trade Triangles for VESEUR
The long term trend has been DOWN since Aug 26th, 2019 at 0.00006900
The intermediate term trend has been DOWN since Oct 28th, 2019 at 0.00004791
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).
| 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 |