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Forex Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
Seychelles Rupee/US Dollar (FOREX:SCRUSD)
Sidelines Mode (-55) - SCRUSD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SCRUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for SCRUSD.
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 SCRUSD
The long-term trend has been DOWN since Oct 18th, 2023 at 0.07018473
The intermediate-term trend has been DOWN since Apr 22nd, 2024 at 0.06949356
The short-term trend has been UP since Apr 24th, 2024 at 0.07419644
Smart Scan Analysis for SCRUSD
Based on our trend formula, SCRUSD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.07435957 | 0.07435957 | 0.07435957 | 0.07435957 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.07435957 | 2024-04-25 00:02:08 |