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Forex Trend Analysis Report

Prepared for you on Thursday, April 9, 2020.

British Pound/Salvadoran Colon (FOREX:GBPSVC)

Bear Market Rally (-75) - GBPSVC is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on GBPSVC as it may be in the beginning of a reversal.

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

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

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

FOREX_GBPSVC
Open High Low GBPSVC Price Change
10.878288 10.878288 10.878288 10.878288 0.000000
Entry Signal

MarketClub’s Trade Triangles for GBPSVC

long term down The long-term trend has been DOWN since Mar 4th, 2020 at 11.260303

intermediate term down The intermediate-term trend has been DOWN since Mar 16th, 2020 at 11.212966

short term up The short-term trend has been UP since Apr 9th, 2020 at 10.803874

Smart Scan Analysis for GBPSVC

Based on our trend formula, GBPSVC is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for GBPSVC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.878288 10.878288 10.878288 10.878288 0.000000
Prev. Close Volume Bid Ask Time
10.878288 10.603554 11.153021 2020-04-09 07:19:41
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