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Forex Trend Analysis Report

Prepared for you on Tuesday, August 4, 2020.

Euro/Seychelles Rupee (FOREX:EURSCR)

Countertrend Up (+85) - EURSCR 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 EURSCR?

MarketClub looks at technical strength and momentum to determine if the timing is right for EURSCR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_EURSCR
Open High Low EURSCR Price Change
20.958 21.063 20.915 21.058 +0.100
Entry Signal

MarketClub’s Trade Triangles for EURSCR

long term up The long-term trend has been UP since Mar 9th, 2020 at 15.675

intermediate term up The intermediate-term trend has been UP since Jun 24th, 2020 at 20.407

short term down The short-term trend has been DOWN since Jul 29th, 2020 at 20.567

Smart Scan Analysis for EURSCR

Based on our trend formula, EURSCR is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for EURSCR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
20.958 21.063 20.915 21.058 +0.100
Prev. Close Volume Bid Ask Time
20.958 20.058 22.058 2020-08-04 21:28:42
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