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Forex Trend Analysis Report

Prepared for you on Sunday, October 17, 2021.

Venezuelan Sovereign Bolivar/British Pound (FOREX:VESGBP)

Weak Uptrend (+65) - VESGBP is showing signs of weakening momentum to the upside. Monitor VESGBP as it may be in the beginning stages of a reversal.

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
0.17430023 0.17550756 0.17430023 0.17550756 +0.00120700
Entry Signal

MarketClub’s Trade Triangles for VESGBP

long term up The long-term trend has been UP since Oct 4th, 2021 at 0.00000023

intermediate term up The intermediate-term trend has been UP since Oct 4th, 2021 at 0.00000018

short term down The short-term trend has been DOWN since Oct 14th, 2021 at 0.17651107

Smart Scan Analysis for VESGBP

Based on our trend formula, VESGBP is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for VESGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.17430023 0.17550756 0.17430023 0.17550756 +0.00120700
Prev. Close Volume Bid Ask Time
0.17430023 2021-10-15 18:17:55
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