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Forex Trend Analysis Report

Prepared for you on Sunday, October 24, 2021.

Venezuelan Sovereign Bolivar/Euro (FOREX:VESEUR)

Sidelines Mode (+55) - VESEUR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
0.20438118 0.20438118 0.20438118 0.20438118 0.00000000
Entry Signal

MarketClub’s Trade Triangles for VESEUR

long term up The long-term trend has been UP since Oct 4th, 2021 at 0.00000026

intermediate term up The intermediate-term trend has been UP since Oct 4th, 2021 at 0.00000021

short term down The short-term trend has been DOWN since Oct 14th, 2021 at 0.20809044

Smart Scan Analysis for VESEUR

Based on our trend formula, VESEUR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for VESEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.20438118 0.20438118 0.20438118 0.20438118 0.00000000
Prev. Close Volume Bid Ask Time
0.20438118 2021-10-22 12:59:04
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