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Forex Trend Analysis Report

Prepared for you on Sunday, February 28, 2021.

Venezuelan Sovereign Bolivar/British Pound (FOREX:VESGBP)

Weak Downtrend (-65) - VESGBP is showing signs of a strengthening downtrend. Monitor VESGBP as it may be building momentum to the downside.

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
0.00000039 0.00000039 0.00000038 0.00000038 0.00000000
Entry Signal

MarketClub’s Trade Triangles for VESGBP

long term up The long-term trend has been UP since Jul 6th, 2020 at 0.00000996

intermediate term down The intermediate-term trend has been DOWN since Jan 4th, 2021 at 0.00000067

short term down The short-term trend has been DOWN since Feb 22nd, 2021 at 0.00000041

Smart Scan Analysis for VESGBP

Based on our trend formula, VESGBP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for VESGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00000039 0.00000039 0.00000038 0.00000038 0.00000000
Prev. Close Volume Bid Ask Time
0.00000039 2021-02-24 19:59:12
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