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Forex Trend Analysis Report

Prepared for you on Friday, June 14, 2024.

Seychelles Rupee/Euro (FOREX:SCREUR)

Bear Market Rally (-75) - SCREUR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SCREUR as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid SCREUR?

MarketClub looks at technical strength and momentum to determine if the timing is right for SCREUR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_SCREUR
Open High Low SCREUR Price Change
0.06803519 0.06932889 0.06374905 0.06631310 -0.00172200
Entry Signal

MarketClub’s Trade Triangles for SCREUR

long term down The long-term trend has been DOWN since Nov 6th, 2023 at 0.06477736

intermediate term up The intermediate-term trend has been UP since Jun 10th, 2024 at 0.06920837

short term down The short-term trend has been DOWN since Jun 12th, 2024 at 0.06762162

Smart Scan Analysis for SCREUR

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

-75
Smart Scan Analysis for SCREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.06803519 0.06932889 0.06374905 0.06631310 -0.00172200
Prev. Close Volume Bid Ask Time
0.06803519 2024-06-14 14:37:01
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