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Forex Trend Analysis Report

Prepared for you on Thursday, December 2, 2021.

Venezuelan Sovereign Bolivar/US Dollar (FOREX:VESUSD)

Weak Downtrend (-65) - VESUSD is showing signs of a strengthening downtrend. Monitor VESUSD as it may be building momentum to the downside.

Is it time to buy, sell, or avoid VESUSD?

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

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

FOREX_VESUSD
Open High Low VESUSD Price Change
0.21664751 0.21664751 0.21664751 0.21664751 0.00000000
Entry Signal

MarketClub’s Trade Triangles for VESUSD

long term up The long-term trend has been UP since Oct 4th, 2021 at 0.00000031

intermediate term down The intermediate-term trend has been DOWN since Oct 25th, 2021 at 0.23776727

short term down The short-term trend has been DOWN since Oct 22nd, 2021 at 0.23943819

Smart Scan Analysis for VESUSD

Based on our trend formula, VESUSD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for VESUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.21664751 0.21664751 0.21664751 0.21664751 0.00000000
Prev. Close Volume Bid Ask Time
0.21664751 2021-12-02 07:43:52
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