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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Salvadoran Colon/US Dollar (FOREX:SVCUSD)
Weak Downtrend (-65) - SVCUSD is showing signs of a strengthening downtrend. Monitor SVCUSD as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SVCUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for SVCUSD.
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 SVCUSD
The long-term trend has been UP since Apr 3rd, 2024 at 0.11486615
The intermediate-term trend has been DOWN since Apr 28th, 2024 at 0.11430995
The short-term trend has been DOWN since May 7th, 2024 at 0.11432608
Smart Scan Analysis for SVCUSD
Based on our trend formula, SVCUSD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.11430037 | 0.11430037 | 0.11430037 | 0.11430037 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.11430037 | 2024-05-08 21:02:47 |