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Forex Trend Analysis Report
Prepared for you on Thursday, May 2, 2024.
Seychelles Rupee/US Dollar (FOREX:SCRUSD)
Long-Term Downtrend (-90) - SCRUSD is in a strong downtrend that is likely to continue. While SCRUSD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SCRUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for SCRUSD.
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 SCRUSD
The long-term trend has been DOWN since Oct 18th, 2023 at 0.07018473
The intermediate-term trend has been DOWN since Apr 22nd, 2024 at 0.06949356
The short-term trend has been DOWN since Apr 28th, 2024 at 0.06751560
Smart Scan Analysis for SCRUSD
Based on our trend formula, SCRUSD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.07305278 | 0.07305278 | 0.07305278 | 0.07305278 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.07305278 | 2024-05-01 07:23:59 |