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Forex Trend Analysis Report

Prepared for you on Thursday, November 21, 2024.

Venezuelan Sovereign Bolivar/Euro (FOREX:VESEUR)

Bear Market Rally (-75) - VESEUR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on VESEUR as it may be in the beginning of a reversal.

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.

FOREX_VESEUR
Open High Low VESEUR Price Change
0.02060475 0.02067610 0.02056321 0.02067572 +0.00007100
Entry Signal

MarketClub’s Trade Triangles for VESEUR

long term down The long-term trend has been DOWN since Jul 21st, 2024 at 0.02496499

intermediate term down The intermediate-term trend has been DOWN since Sep 17th, 2024 at 0.02439970

short term up The short-term trend has been UP since Nov 19th, 2024 at 0.02099370

Smart Scan Analysis for VESEUR

Based on our trend formula, VESEUR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for VESEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02060475 0.02067610 0.02056321 0.02067572 +0.00007100
Prev. Close Volume Bid Ask Time
0.02060475 2024-11-21 05:24:02
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