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Forex Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

British Pound/Salvadoran Colon (FOREX:GBPSVC)

Strong Downtrend (-100) - GBPSVC is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, GBPSVC continues to fall. Traders should use caution and set stops.

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

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

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FOREX_GBPSVC
Open High Low GBPSVC Price Change
10.81611 10.81611 10.81611 10.81611 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPSVC

long term down The long-term trend has been DOWN since Apr 2nd, 2024 at 10.981703

intermediate term down The intermediate-term trend has been DOWN since Mar 28th, 2024 at 11.056474

short term down The short-term trend has been DOWN since Apr 17th, 2024 at 10.976913

Smart Scan Analysis for GBPSVC

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

-100
Smart Scan Analysis for GBPSVC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.81611 10.81611 10.81611 10.81611 0.00000
Prev. Close Volume Bid Ask Time
10.81611 2024-04-23 07:26:28
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