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Forex Trend Analysis Report

Prepared for you on Thursday, June 13, 2024.

British Pound/Salvadoran Colon (FOREX:GBPSVC)

Sidelines Mode (-50) - GBPSVC is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until GBPSVC can gain momentum.

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
11.165273 11.165273 11.139576 11.139576 -0.025697
Entry Signal

MarketClub’s Trade Triangles for GBPSVC

long term up The long-term trend has been UP since Jun 10th, 2024 at 11.203691

intermediate term down The intermediate-term trend has been DOWN since Jun 10th, 2024 at 11.123778

short term down The short-term trend has been DOWN since Jun 10th, 2024 at 11.128455

Smart Scan Analysis for GBPSVC

Based on our trend formula, GBPSVC is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-50
Smart Scan Analysis for GBPSVC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.165273 11.165273 11.139576 11.139576 -0.025697
Prev. Close Volume Bid Ask Time
11.165273 2024-06-12 21:02:26
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