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Forex Trend Analysis Report
Prepared for you on Tuesday, April 23, 2024.
Salvadoran Colon/US Dollar (FOREX:SVCUSD)
Countertrend Up (+85) - SVCUSD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid SVCUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for SVCUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SVCUSD
The long-term trend has been UP since Apr 3rd, 2024 at 0.11486615
The intermediate-term trend has been UP since Apr 2nd, 2024 at 0.11438356
The short-term trend has been UP since Apr 2nd, 2024 at 0.11435802
Smart Scan Analysis for SVCUSD
Based on our trend formula, SVCUSD is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.11450042 | 0.11450042 | 0.11450042 | 0.11450042 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.11450042 | 2024-04-23 07:26:28 |