Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Wednesday, January 15, 2025.
British Pound/Venezuelan Sovereign Bolivar (FOREX:GBPVES)
Countertrend Up (+85) - GBPVES is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid GBPVES?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPVES.
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 GBPVES
The long-term trend has been UP since Jul 12th, 2024 at 47.303367
The intermediate-term trend has been UP since Sep 18th, 2024 at 48.613293
The short-term trend has been DOWN since Jan 13th, 2025 at 65.204040
Smart Scan Analysis for GBPVES
Based on our trend formula, GBPVES is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 65.761611 | 66.949328 | 65.632264 | 66.124814 | +0.363203 |
| Prev. Close | Volume | Bid | Ask | Time |
| 65.761611 | 2025-01-15 10:04:48 |