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.
MarketClub’s Trade Triangles for VESGBP
The long-term trend has been DOWN since May 23rd, 2022 at 0.16277389
The intermediate-term trend has been DOWN since May 13th, 2022 at 0.17578346
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).