Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Salvadoran Colon/Euro (FOREX:SVCEUR)
Crossroads (-60) - SVCEUR 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 SVCEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for SVCEUR.
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 SVCEUR
The long-term trend has been UP since Apr 17th, 2024 at 0.10680506
The intermediate-term trend has been DOWN since May 5th, 2024 at 0.10659999
The short-term trend has been DOWN since May 5th, 2024 at 0.10670243
Smart Scan Analysis for SVCEUR
Based on our trend formula, SVCEUR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.10639571 | 0.10639571 | 0.10639571 | 0.10639571 | 0.00000000 |
Prev. Close | Volume | Bid | Ask | Time |
0.10639571 | 2024-05-08 21:02:47 |