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Forex Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
US Dollar/Salvadoran Colon (FOREX:USDSVC)
Bear Market Rally (-75) - USDSVC is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on USDSVC as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid USDSVC?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDSVC.
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 USDSVC
The long-term trend has been DOWN since Apr 3rd, 2024 at 8.711308
The intermediate-term trend has been DOWN since Apr 2nd, 2024 at 8.748013
The short-term trend has been UP since Apr 25th, 2024 at 8.739384
Smart Scan Analysis for USDSVC
Based on our trend formula, USDSVC is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.747652 | 8.747652 | 8.747652 | 8.747652 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.747652 | 2024-04-25 21:00:50 |