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Forex Trend Analysis Report

Prepared for you on Thursday, August 16, 2018.

Euro/Seychelles Rupee (FOREX:EURSCR)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_EURSCR
Open High Low EURSCR Price Change
15.457 15.497 15.438 15.461 +0.004
Entry Signal

MarketClub’s Trade Triangles for EURSCR

long term down The long term trend has been DOWN since May 1st, 2018 at 16.235

intermediate term down The intermediate term trend has been DOWN since Aug 6th, 2018 at 15.712

short term down The short term trend has been DOWN since Aug 9th, 2018 at 15.675

Smart Scan Analysis for EURSCR

Based on a pre-defined weighted trend formula for chart analysis, EURSCR scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for EURSCR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.457 15.497 15.438 15.461 +0.004
Prev. Close Volume Bid Ask Time
15.457 14.461 16.461 2018-08-16 17:53:14
Want to analyze Euro/Seychelles Rupee EURSCR or another symbol? Try our Free Forex Trend Analysis Report.