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Forex Trend Analysis Report
Prepared for you on Thursday, September 12, 2024.
Cape Verdean Escudo/British Pound (FOREX:CVEGBP)
Crossroads (-60) - CVEGBP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid CVEGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for CVEGBP.
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 CVEGBP
The long-term trend has been UP since Aug 7th, 2024 at 0.00780769
The intermediate-term trend has been DOWN since Aug 26th, 2024 at 0.00770689
The short-term trend has been DOWN since Aug 16th, 2024 at 0.00774815
Smart Scan Analysis for CVEGBP
Based on our trend formula, CVEGBP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00766290 | 0.00766290 | 0.00765021 | 0.00765021 | -0.00001300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00765021 | 2024-09-07 04:49:22 |