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Forex Trend Analysis Report

Prepared for you on Sunday, June 26, 2022.

Venezuelan Sovereign Bolivar/British Pound (FOREX:VESGBP)

Strong Downtrend (-100) - VESGBP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, VESGBP continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid VESGBP?

MarketClub looks at technical strength and momentum to determine if the timing is right for VESGBP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_VESGBP
Open High Low VESGBP Price Change
0.14834593 0.14834593 0.14834593 0.14834593 0.00000000
Entry Signal

MarketClub’s Trade Triangles for VESGBP

long term down The long-term trend has been DOWN since May 23rd, 2022 at 0.16277389

intermediate term down The intermediate-term trend has been DOWN since May 13th, 2022 at 0.17578346

short term down The short-term trend has been DOWN since Jun 17th, 2022 at 0.15483469

Smart Scan Analysis for VESGBP

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

-100
Smart Scan Analysis for VESGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.14834593 0.14834593 0.14834593 0.14834593 0.00000000
Prev. Close Volume Bid Ask Time
0.14834593 2022-06-24 13:56:45
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