Forex Trend Analysis Report
Prepared for you on Sunday, March 18, 2018.
Seychelles Rupee/US Dollar (FOREX:SCRUSD)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend 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.
MarketClub’s Trade Triangles for SCRUSD
The long term trend has been UP since Jan 29th, 2018 at 0.077035
The intermediate term trend has been UP since Mar 8th, 2018 at 0.074605
The short term trend has been DOWN since Mar 14th, 2018 at 0.073080
Smart Scan Analysis for SCRUSD
Based on a pre-defined weighted trend formula for chart analysis, SCRUSD scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).