Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

US Dollar/Seychelles Rupee (FOREX:USDSCR)

Bull Market Weakness (+75) - USDSCR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on USDSCR as it may be in the beginning stages of a reversal.

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

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

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

FOREX_USDSCR
Open High Low USDSCR Price Change
14.565 14.565 14.565 14.565 0.000
Entry Signal

MarketClub’s Trade Triangles for USDSCR

long term up The long-term trend has been UP since Oct 18th, 2023 at 14.312000

intermediate term down The intermediate-term trend has been DOWN since May 8th, 2024 at 13.446458

short term up The short-term trend has been UP since May 9th, 2024 at 14.539702

Smart Scan Analysis for USDSCR

Based on our trend formula, USDSCR is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for USDSCR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
14.565 14.565 14.565 14.565 0.000
Prev. Close Volume Bid Ask Time
14.565 2024-05-09 00:46:17
Get a free daily analysis and signals for US Dollar/Seychelles Rupee (USDSCR) - Request Your Free Report.