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Forex Trend Analysis Report

Prepared for you on Thursday, January 18, 2018.

Seychelles Rupee/US Dollar (FOREX:SCRUSD)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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
0.07108 0.07471 0.07108 0.07471 +0.00363
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 up The short term trend has been UP since Jan 18th, 2018 at 0.074690

Smart Scan Analysis for SCRUSD

Based on a pre-defined weighted trend formula for chart analysis, SCRUSD scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for SCRUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.07108 0.07471 0.07108 0.07471 +0.00363
Prev. Close Volume Bid Ask Time
0.07108 0.07017 0.07925 2018-01-18 13:14:53
Want to analyze Seychelles Rupee/US Dollar SCRUSD or another symbol? Try our Free Forex Trend Analysis Report.