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Forex Trend Analysis Report

Prepared for you on Friday, December 4, 2020.

British Pound/Salvadoran Colon (FOREX:GBPSVC)

Countertrend Up (+85) - GBPSVC 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 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
11.764641 11.764641 11.764641 11.764641 0.000000
Entry Signal

MarketClub’s Trade Triangles for GBPSVC

long term up The long-term trend has been UP since Jul 9th, 2020 at 11.059414

intermediate term up The intermediate-term trend has been UP since Nov 9th, 2020 at 11.508581

short term up The short-term trend has been UP since Dec 3rd, 2020 at 11.673613

Smart Scan Analysis for GBPSVC

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

+80
Smart Scan Analysis for GBPSVC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.764641 11.764641 11.764641 11.764641 0.000000
Prev. Close Volume Bid Ask Time
11.764641 2020-12-03 07:20:41
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