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Forex Trend Analysis Report
Prepared for you on Friday, November 22, 2024.
Venezuelan Sovereign Bolivar/Euro (FOREX:VESEUR)
Countertrend Down (-85) - VESEUR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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.
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MarketClub’s Trade Triangles for VESEUR
The long-term trend has been DOWN since Jul 21st, 2024 at 0.02496499
The intermediate-term trend has been DOWN since Sep 17th, 2024 at 0.02439970
The short-term trend has been UP since Nov 19th, 2024 at 0.02099370
Smart Scan Analysis for VESEUR
Based on our trend formula, VESEUR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.02063225 | 0.02065775 | 0.02060564 | 0.02061027 | -0.00002200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.02063225 | 2024-11-22 02:51:20 |