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Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

Venezuelan Sovereign Bolivar/US Dollar (FOREX:VESUSD)

Strong Downtrend (-100) - VESUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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.

FOREX_VESUSD
Open High Low VESUSD Price Change
0.00000505 0.00000506 0.00000505 0.00000506 0.00000000
Entry Signal

MarketClub’s Trade Triangles for VESUSD

long term down The long-term trend has been DOWN since Jan 30th, 2020 at 0.00001338

intermediate term down The intermediate-term trend has been DOWN since Mar 31st, 2020 at 0.00001351

short term down The short-term trend has been DOWN since May 11th, 2020 at 0.00000571

Smart Scan Analysis for VESUSD

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

-100
Smart Scan Analysis for VESUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00000505 0.00000506 0.00000505 0.00000506 0.00000000
Prev. Close Volume Bid Ask Time
0.00000505 0.00000505 0.00000507 2020-06-01 17:02:46
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