Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Saturday, May 30, 2020.

Venezuelan Sovereign Bolivar/British Pound (FOREX:VESGBP)

Countertrend Down (-85) - VESGBP is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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
0.00000412 0.00000412 0.00000412 0.00000412 0.00000000
Entry Signal

MarketClub’s Trade Triangles for VESGBP

long term down The long-term trend has been DOWN since Jan 30th, 2020 at 0.00001028

intermediate term down The intermediate-term trend has been DOWN since Mar 31st, 2020 at 0.00001056

short term up The short-term trend has been UP since May 22nd, 2020 at 0.00000446

Smart Scan Analysis for VESGBP

Based on our trend formula, VESGBP is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for VESGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00000412 0.00000412 0.00000412 0.00000412 0.00000000
Prev. Close Volume Bid Ask Time
0.00000409 0.00000412 0.00000413 2020-05-28 18:06:43
Get a free daily analysis and signals for Venezuelan Sovereign Bolivar/British Pound (VESGBP) - Request Your Free Report.