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Forex Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

Euro/Seychelles Rupee (FOREX:EURSCR)

Sidelines Mode (-55) - EURSCR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
17.003 17.008 16.907 17.003 0.000
Entry Signal

MarketClub’s Trade Triangles for EURSCR

long term down The long-term trend has been DOWN since Mar 19th, 2021 at 24.598

intermediate term up The intermediate-term trend has been UP since Oct 19th, 2021 at 17.362

short term down The short-term trend has been DOWN since Oct 19th, 2021 at 15.003

Smart Scan Analysis for EURSCR

Based on our trend formula, EURSCR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for EURSCR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.003 17.008 16.907 17.003 0.000
Prev. Close Volume Bid Ask Time
17.003 2021-10-22 01:10:12
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