Forex Trend Analysis Report
Prepared for you on Saturday, March 6, 2021.
Seychelles Rupee/US Dollar (FOREX:SCRUSD)
Bear Market Rally (-75) - SCRUSD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SCRUSD as it may be in the beginning of a reversal.
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 DOWN since Jan 31st, 2020 at 0.07129295
The intermediate-term trend has been UP since Jan 25th, 2021 at 0.04748931
The short-term trend has been DOWN since Mar 5th, 2021 at 0.04695435
Smart Scan Analysis for SCRUSD
Based on our trend formula, SCRUSD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).