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Forex Trend Analysis Report

Prepared for you on Tuesday, December 1, 2020.

Euro/Salvadoran Colon (FOREX:EURSVC)

Countertrend Up (+85) - EURSVC 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 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
10.433 10.433 10.433 10.433 0.000
Entry Signal

MarketClub’s Trade Triangles for EURSVC

long term up The long-term trend has been UP since Nov 27th, 2020 at 10.413

intermediate term up The intermediate-term trend has been UP since Nov 9th, 2020 at 10.377

short term up The short-term trend has been UP since Nov 5th, 2020 at 10.244

Smart Scan Analysis for EURSVC

Based on our trend formula, EURSVC is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for EURSVC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.433 10.433 10.433 10.433 0.000
Prev. Close Volume Bid Ask Time
10.490 2020-11-27 07:13:58
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