Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, August 13, 2020.

Venezuelan Sovereign Bolivar/British Pound (FOREX:VESGBP)

Sidelines Mode (-55) - VESGBP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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
0.00000284 0.00000284 0.00000283 0.00000283 0.00000000
Entry Signal

MarketClub’s Trade Triangles for VESGBP

long term up The long-term trend has been UP since Jul 6th, 2020 at 0.00000996

intermediate term down The intermediate-term trend has been DOWN since Jul 6th, 2020 at 0.00000390

short term up The short-term trend has been UP since Jul 6th, 2020 at 0.00000402

Smart Scan Analysis for VESGBP

Based on our trend formula, VESGBP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for VESGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00000284 0.00000284 0.00000283 0.00000283 0.00000000
Prev. Close Volume Bid Ask Time
0.00000270 0.00000283 0.00000284 2020-08-07 12:57:37
Get a free daily analysis and signals for Venezuelan Sovereign Bolivar/British Pound (VESGBP) - Request Your Free Report.