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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
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.
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MarketClub’s Trade Triangles for EURSVC
The long-term trend has been DOWN since Nov 12th, 2024 at 9.470
The intermediate-term trend has been DOWN since Oct 4th, 2024 at 9.704
The short-term trend has been DOWN since Dec 21st, 2024 at 9.178
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 9.093 | 9.093 | 9.093 | 9.093 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 9.096 | 2024-12-21 08:23:55 |