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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Venezuelan Sovereign Bolivar/US Dollar (FOREX:VESUSD)
Bear Market Rally (-75) - VESUSD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on VESUSD as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid VESUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for VESUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for VESUSD
The long-term trend has been DOWN since Jul 21st, 2024 at 0.02690876
The intermediate-term trend has been DOWN since Jul 8th, 2024 at 0.02735631
The short-term trend has been UP since Jul 22nd, 2024 at 0.02741072
Smart Scan Analysis for VESUSD
Based on our trend formula, VESUSD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.02737156 | 0.02749984 | 0.02731160 | 0.02735165 | -0.00002000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.02737156 | 2024-07-26 20:14:23 |