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Forex Trend Analysis Report

Prepared for you on Wednesday, April 8, 2020.

Euro/Salvadoran Colon (FOREX:EURSVC)

Long-Term Downtrend (-90) - EURSVC is in a strong downtrend that is likely to continue. While EURSVC is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid EURSVC?

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

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

FOREX_EURSVC
Open High Low EURSVC Price Change
9.512 9.512 9.512 9.512 0.000
Entry Signal

MarketClub’s Trade Triangles for EURSVC

long term down The long-term trend has been DOWN since Mar 19th, 2020 at 9.442

intermediate term down The intermediate-term trend has been DOWN since Mar 19th, 2020 at 9.578

short term down The short-term trend has been DOWN since Mar 19th, 2020 at 9.755

Smart Scan Analysis for EURSVC

Based on our trend formula, EURSVC is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for EURSVC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.512 9.512 9.512 9.512 0.000
Prev. Close Volume Bid Ask Time
9.512 9.272 9.752 2020-04-08 07:14:55
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