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Forex Trend Analysis Report

Prepared for you on Tuesday, May 22, 2018.

Euro/Seychelles Rupee (FOREX:EURSCR)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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
15.840 16.231 15.840 15.854 +0.014
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 May 16th, 2018 at 15.872

short term up The short term trend has been UP since May 22nd, 2018 at 16.131

Smart Scan Analysis for EURSCR

Based on a pre-defined weighted trend formula for chart analysis, EURSCR scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for EURSCR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.840 16.231 15.840 15.854 +0.014
Prev. Close Volume Bid Ask Time
15.840 14.854 16.854 2018-05-22 21:13:58
Want to analyze Euro/Seychelles Rupee EURSCR or another symbol? Try our Free Forex Trend Analysis Report.