Forex Trend Analysis Report
Prepared for you on Tuesday, March 21, 2023.
Venezuelan Sovereign Bolivar/Euro (FOREX:VESEUR)
Weak Downtrend (-65) - VESEUR is showing signs of a strengthening downtrend. Monitor VESEUR as it may be building momentum to the downside.
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 DOWN since May 23rd, 2022 at 0.19334964
The intermediate-term trend has been UP since Mar 7th, 2023 at 0.03893445
The short-term trend has been DOWN since Mar 14th, 2023 at 0.03912472
Smart Scan Analysis for VESEUR
Based on our trend formula, VESEUR is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).