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Forex Trend Analysis Report

Prepared for you on Thursday, October 21, 2021.

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
12.095957 12.095957 12.095957 12.095957 0.000000
Entry Signal

MarketClub’s Trade Triangles for GBPSVC

long term down The long-term trend has been DOWN since Jul 19th, 2021 at 12.047467

intermediate term up The intermediate-term trend has been UP since Oct 19th, 2021 at 12.003726

short term up The short-term trend has been UP since Oct 12th, 2021 at 11.894879

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
12.095957 12.095957 12.095957 12.095957 0.000000
Prev. Close Volume Bid Ask Time
12.095957 2021-10-19 07:16:41
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