Forex Trend Analysis Report
Prepared for you on Tuesday, February 20, 2018.
Euro/Seychelles Rupee (FOREX:EURSCR)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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.
MarketClub’s Trade Triangles for EURSCR
The long term trend has been UP since Mar 27th, 2017 at 14.743
The intermediate term trend has been UP since Nov 15th, 2017 at 16.377
The short term trend has been UP since Feb 14th, 2018 at 17.062
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).