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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
British Pound/Salvadoran Colon (FOREX:GBPSVC)
Strong Downtrend (-100) - GBPSVC is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, GBPSVC continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid GBPSVC?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPSVC.
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 GBPSVC
The long-term trend has been DOWN since Apr 2nd, 2024 at 10.981703
The intermediate-term trend has been DOWN since Mar 28th, 2024 at 11.056474
The short-term trend has been DOWN since May 8th, 2024 at 10.955073
Smart Scan Analysis for GBPSVC
Based on our trend formula, GBPSVC is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 10.934203 | 10.934203 | 10.934203 | 10.934203 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 10.934203 | 2024-05-08 21:02:47 |