Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, November 21, 2024.

Seychelles Rupee/US Dollar (FOREX:SCRUSD)

Countertrend Down (-85) - SCRUSD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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.

FOREX_SCRUSD
Open High Low SCRUSD Price Change
0.07133879 0.07515835 0.07133879 0.07378068 +0.00244200
Entry Signal

MarketClub’s Trade Triangles for SCRUSD

long term down The long-term trend has been DOWN since Oct 15th, 2024 at 0.06660361

intermediate term down The intermediate-term trend has been DOWN since Oct 14th, 2024 at 0.07101540

short term up The short-term trend has been UP since Nov 19th, 2024 at 0.07392755

Smart Scan Analysis for SCRUSD

Based on our trend formula, SCRUSD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for SCRUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.07133879 0.07515835 0.07133879 0.07378068 +0.00244200
Prev. Close Volume Bid Ask Time
0.07133879 2024-11-20 19:11:59
Get a free daily analysis and signals for Seychelles Rupee/US Dollar (SCRUSD) - Request Your Free Report.