Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Saturday, September 21, 2019.
US Dollar/Cape Verdean Escudo (FOREX:USDCVE)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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.
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MarketClub’s Trade Triangles for USDCVE
The long term trend has been UP since May 1st, 2018 at 91.3000
The intermediate term trend has been UP since Aug 30th, 2019 at 99.7455
The short term trend has been UP since Sep 16th, 2019 at 100.0795
Smart Scan Analysis for USDCVE
Based on a pre-defined weighted trend formula for chart analysis, USDCVE scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 99.7945 | 100.1555 | 99.7945 | 99.8525 | +0.0580 |
| Prev. Close | Volume | Bid | Ask | Time |
| 99.7945 | 99.4450 | 100.2600 | 2019-09-20 12:45:29 |