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Forex Trend Analysis Report

Prepared for you on Wednesday, November 14, 2018.

Salvadoran Colon/British Pound (FOREX:SVCGBP)

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_SVCGBP
Open High Low SVCGBP Price Change
0.088404 0.088404 0.088404 0.088404 0.000000
Entry Signal

MarketClub’s Trade Triangles for SVCGBP

long term down The long term trend has been DOWN since Nov 7th, 2018 at 0.086808

intermediate term down The intermediate term trend has been DOWN since Nov 7th, 2018 at 0.087345

short term up The short term trend has been UP since Nov 11th, 2018 at 0.087738

Smart Scan Analysis for SVCGBP

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

-55
Smart Scan Analysis for SVCGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.088404 0.088404 0.088404 0.088404 0.000000
Prev. Close Volume Bid Ask Time
0.088404 0.086253 0.090555 2018-11-14 08:44:03
Want to analyze Salvadoran Colon/British Pound SVCGBP or another symbol? Try our Free Forex Trend Analysis Report.