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Forex Trend Analysis Report

Prepared for you on Wednesday, October 24, 2018.

Euro/Seychelles Rupee (FOREX:EURSCR)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

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
15.598 15.636 15.580 15.612 +0.014
Entry Signal

MarketClub’s Trade Triangles for EURSCR

long term up The long term trend has been UP since Sep 27th, 2018 at 16.240

intermediate term down The intermediate term trend has been DOWN since Oct 2nd, 2018 at 15.720

short term down The short term trend has been DOWN since Oct 17th, 2018 at 15.729

Smart Scan Analysis for EURSCR

Based on a pre-defined weighted trend formula for chart analysis, EURSCR scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for EURSCR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.598 15.636 15.580 15.612 +0.014
Prev. Close Volume Bid Ask Time
15.598 14.612 16.612 2018-10-23 22:18:03
Want to analyze Euro/Seychelles Rupee EURSCR or another symbol? Try our Free Forex Trend Analysis Report.