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Forex Trend Analysis Report

Prepared for you on Tuesday, December 5, 2023.

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.

Open High Low EURSCR Price Change
15.702 15.742 14.252 14.253 -1.449
Entry Signal

MarketClub’s Trade Triangles for EURSCR

long term up The long-term trend has been UP since Nov 6th, 2023 at 15.527

intermediate term up The intermediate-term trend has been UP since Oct 11th, 2023 at 15.163

short term down The short-term trend has been DOWN since Nov 29th, 2023 at 14.434

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).

Smart Scan Analysis for EURSCR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.702 15.742 14.252 14.253 -1.449
Prev. Close Volume Bid Ask Time
15.702 2023-12-05 21:53:03
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