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Forex Trend Analysis Report

Prepared for you on Monday, October 15, 2018.

US Dollar/Salvadoran Colon (FOREX:USDSVC)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

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_USDSVC
Open High Low USDSVC Price Change
8.7086 8.7086 8.7086 8.7086 0.0000
Entry Signal

MarketClub’s Trade Triangles for USDSVC

long term up The long term trend has been UP since Sep 16th, 2018 at 8.80435

intermediate term down The intermediate term trend has been DOWN since Sep 30th, 2018 at 8.74240

short term down The short term trend has been DOWN since Oct 7th, 2018 at 8.72550

Smart Scan Analysis for USDSVC

Based on a pre-defined weighted trend formula for chart analysis, USDSVC scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for USDSVC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.7086 8.7086 8.7086 8.7086 0.0000
Prev. Close Volume Bid Ask Time
8.7086 8.5000 8.9172 2018-10-09 21:28:06
Want to analyze US Dollar/Salvadoran Colon USDSVC or another symbol? Try our Free Forex Trend Analysis Report.