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Forex Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Seychelles Rupee/Euro (FOREX:SCREUR)

Strong Downtrend (-100) - SCREUR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SCREUR continues to fall. Traders should use caution and set stops.

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

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

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

FOREX_SCREUR
Open High Low SCREUR Price Change
0.06844687 0.06844687 0.06415146 0.06417213 -0.00427500
Entry Signal

MarketClub’s Trade Triangles for SCREUR

long term down The long-term trend has been DOWN since Nov 6th, 2023 at 0.06477736

intermediate term down The intermediate-term trend has been DOWN since Apr 22nd, 2024 at 0.06495482

short term down The short-term trend has been DOWN since May 9th, 2024 at 0.06418867

Smart Scan Analysis for SCREUR

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

-100
Smart Scan Analysis for SCREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.06844687 0.06844687 0.06415146 0.06417213 -0.00427500
Prev. Close Volume Bid Ask Time
0.06844687 2024-05-09 01:58:25
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