Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, April 23, 2021.

Venezuelan Sovereign Bolivar/US Dollar (FOREX:VESUSD)

Sidelines Mode (+55) - VESUSD 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 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
0.00000041 0.00000041 0.00000040 0.00000040 0.00000000
Entry Signal

MarketClub’s Trade Triangles for VESUSD

long term up The long-term trend has been UP since Jul 6th, 2020 at 0.00001237

intermediate term up The intermediate-term trend has been UP since Jul 6th, 2020 at 0.00000496

short term down The short-term trend has been DOWN since Mar 24th, 2021 at 0.00000056

Smart Scan Analysis for VESUSD

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

+55
Smart Scan Analysis for VESUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00000041 0.00000041 0.00000040 0.00000040 0.00000000
Prev. Close Volume Bid Ask Time
0.00000041 2021-04-22 16:20:53
Get a free daily analysis and signals for Venezuelan Sovereign Bolivar/US Dollar (VESUSD) - Request Your Free Report.