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Forex Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
British Pound/Salvadoran Colon (FOREX:GBPSVC)
Long-Term Downtrend (-90) - GBPSVC is in a strong downtrend that is likely to continue. While GBPSVC 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 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 DOWN since Oct 20th, 2024 at 11.531521
Smart Scan Analysis for GBPSVC
Based on our trend formula, GBPSVC is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 11.080648 | 11.080648 | 11.080648 | 11.080648 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 11.080648 | 2024-11-20 19:11:53 |