Forex Trend Analysis Report
Prepared for you on Tuesday, August 16, 2022.
Seychelles Rupee/US Dollar (FOREX:SCRUSD)
Crossroads (+60) - SCRUSD is struggling to move into a solid trend. Beware of choppy markets 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.
MarketClub’s Trade Triangles for SCRUSD
The long-term trend has been UP since Apr 27th, 2022 at 0.07851680
The intermediate-term trend has been DOWN since Aug 9th, 2022 at 0.07014563
The short-term trend has been DOWN since Aug 15th, 2022 at 0.07005319
Smart Scan Analysis for SCRUSD
Based on our trend formula, SCRUSD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).