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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Salvadoran Colon/British Pound (FOREX:SVCGBP)
Countertrend Up (+85) - SVCGBP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid SVCGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SVCGBP.
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 SVCGBP
The long-term trend has been UP since Apr 2nd, 2024 at 0.09112001
The intermediate-term trend has been UP since Mar 28th, 2024 at 0.09050293
The short-term trend has been UP since May 8th, 2024 at 0.09134146
Smart Scan Analysis for SVCGBP
Based on our trend formula, SVCGBP is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.09151573 | 0.09151573 | 0.09151573 | 0.09151573 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.09151573 | 2024-05-08 21:02:47 |