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Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

Venezuelan Sovereign Bolivar/British Pound (FOREX:VESGBP)

Crossroads (-60) - VESGBP 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 VESGBP?

MarketClub looks at technical strength and momentum to determine if the timing is right for VESGBP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_VESGBP
Open High Low VESGBP Price Change
0.02182324 0.02182324 0.02182324 0.02182324 0.00000000
Entry Signal

MarketClub’s Trade Triangles for VESGBP

long term down The long-term trend has been DOWN since May 23rd, 2022 at 0.16277389

intermediate term up The intermediate-term trend has been UP since Mar 27th, 2024 at 0.02174192

short term up The short-term trend has been UP since Mar 19th, 2024 at 0.02168520

Smart Scan Analysis for VESGBP

Based on our trend formula, VESGBP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for VESGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02182324 0.02182324 0.02182324 0.02182324 0.00000000
Prev. Close Volume Bid Ask Time
0.02182324 2024-03-27 15:34:22
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