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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.
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MarketClub’s Trade Triangles for EURSCR
The long-term trend has been UP since Mar 9th, 2020 at 15.675
The intermediate-term trend has been UP since Jun 24th, 2020 at 20.407
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).
| 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 |