Forex Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
Venezuelan Sovereign Bolivar/Euro (FOREX:VESEUR)
Strong Downtrend (-100) - VESEUR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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 Jan 30th, 2020 at 0.00001215
The intermediate-term trend has been DOWN since Mar 31st, 2020 at 0.00001205
The short-term trend has been DOWN since May 11th, 2020 at 0.00000525
Smart Scan Analysis for VESEUR
Based on our trend formula, VESEUR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).