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Forex Trend Analysis Report
Prepared for you on Wednesday, December 4, 2024.
British Pound/Salvadoran Colon (FOREX:GBPSVC)
Countertrend Down (-85) - GBPSVC is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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.
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MarketClub’s Trade Triangles for GBPSVC
The long-term trend has been DOWN since Nov 18th, 2024 at 11.093291
The intermediate-term trend has been DOWN since Oct 20th, 2024 at 11.531521
The short-term trend has been UP since Dec 2nd, 2024 at 11.080648
Smart Scan Analysis for GBPSVC
Based on our trend formula, GBPSVC is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 11.102671 | 11.102671 | 11.102671 | 11.102671 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 11.102671 | 2024-12-02 21:06:05 |