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Forex Trend Analysis Report

Prepared for you on Friday, November 17, 2017.

Seychelles Rupee/US Dollar (FOREX:SCRUSD)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_SCRUSD
Open High Low SCRUSD Price Change
0.072300 0.074845 0.072300 0.072680 +0.000380
Entry Signal

MarketClub’s Trade Triangles for SCRUSD

long term down The long term trend has been DOWN since Oct 30th, 2017 at 0.072465

intermediate term down The intermediate term trend has been DOWN since Oct 30th, 2017 at 0.072515

short term down The short term trend has been DOWN since Nov 9th, 2017 at 0.072000

Smart Scan Analysis for SCRUSD

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

-100
Smart Scan Analysis for SCRUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.072300 0.074845 0.072300 0.072680 +0.000380
Prev. Close Volume Bid Ask Time
0.072300 0.068220 0.077140 2017-11-17 14:17:50
Want to analyze Seychelles Rupee/US Dollar SCRUSD or another symbol? Try our Free Forex Trend Analysis Report.