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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Euro/Seychelles Rupee (FOREX:EURSCR)
Long-Term Uptrend (+90) - EURSCR is in a strong uptrend that is likely to continue. While EURSCR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid EURSCR?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURSCR.
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 EURSCR
The long-term trend has been UP since Nov 6th, 2023 at 15.527
The intermediate-term trend has been UP since Apr 25th, 2024 at 15.680
The short-term trend has been UP since May 9th, 2024 at 15.643
Smart Scan Analysis for EURSCR
Based on our trend formula, EURSCR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 14.677 | 15.655 | 14.671 | 14.671 | -0.006 |
| Prev. Close | Volume | Bid | Ask | Time |
| 14.677 | 2024-05-09 02:01:15 |