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Forex Trend Analysis Report

Prepared for you on Wednesday, November 29, 2023.

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
11.038209 11.038209 11.038209 11.038209 0.000000
Entry Signal

MarketClub’s Trade Triangles for GBPSVC

long term down The long-term trend has been DOWN since Sep 20th, 2023 at 10.856788

intermediate term up The intermediate-term trend has been UP since Nov 10th, 2023 at 10.661249

short term up The short-term trend has been UP since Nov 10th, 2023 at 10.661249

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
11.038209 11.038209 11.038209 11.038209 0.000000
Prev. Close Volume Bid Ask Time
11.038209 2023-11-28 07:28:27
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