Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Sunday, September 15, 2019.

Cape Verdean Escudo/British Pound (FOREX:CVEGBP)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_CVEGBP
Open High Low CVEGBP Price Change
0.008043 0.008043 0.008043 0.008043 0.000000
Entry Signal

MarketClub’s Trade Triangles for CVEGBP

long term up The long term trend has been UP since May 24th, 2019 at 0.007985

intermediate term down The intermediate term trend has been DOWN since Aug 23rd, 2019 at 0.008258

short term down The short term trend has been DOWN since Aug 21st, 2019 at 0.008334

Smart Scan Analysis for CVEGBP

Based on a pre-defined weighted trend formula for chart analysis, CVEGBP scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for CVEGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.008043 0.008043 0.008043 0.008043 0.000000
Prev. Close Volume Bid Ask Time
0.008043 0.008043 0.008043 2019-09-15 20:00:10
Want to analyze Cape Verdean Escudo/British Pound CVEGBP or another symbol? Try our Free Forex Trend Analysis Report.