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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

British Pound/Salvadoran Colon (FOREX:GBPSVC)

Bull Market Weakness (+75) - GBPSVC is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPSVC as it may be in the beginning stages of a reversal.

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.

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FOREX_GBPSVC
Open High Low GBPSVC Price Change
11.259208 11.259208 11.258074 11.258074 -0.001134
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 up The intermediate-term trend has been UP since Jul 7th, 2024 at 11.162818

short term down The short-term trend has been DOWN since Jul 21st, 2024 at 11.350058

Smart Scan Analysis for GBPSVC

Based on our trend formula, GBPSVC is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for GBPSVC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.259208 11.259208 11.258074 11.258074 -0.001134
Prev. Close Volume Bid Ask Time
11.259208 2024-07-26 14:00:13
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