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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Euro/Salvadoran Colon (FOREX:EURSVC)
Crossroads (-60) - EURSVC 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 EURSVC?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURSVC.
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 EURSVC
The long-term trend has been DOWN since Apr 17th, 2024 at 9.369
The intermediate-term trend has been UP since May 5th, 2024 at 9.387
The short-term trend has been UP since May 5th, 2024 at 9.378
Smart Scan Analysis for EURSVC
Based on our trend formula, EURSVC is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 9.405 | 9.405 | 9.405 | 9.405 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 9.405 | 2024-05-08 21:02:47 |