Forex Trend Analysis Report
Prepared for you on Monday, January 17, 2022.
Venezuelan Sovereign Bolivar/Euro (FOREX:VESEUR)
Long-Term Downtrend (-90) - VESEUR is in a strong downtrend that is likely to continue. While VESEUR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid VESEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for VESEUR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for VESEUR
The long-term trend has been DOWN since Jan 14th, 2022 at 0.19034792
The intermediate-term trend has been DOWN since Jan 14th, 2022 at 0.19226117
The short-term trend has been DOWN since Jan 14th, 2022 at 0.19294385
Smart Scan Analysis for VESEUR
Based on our trend formula, VESEUR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).