Forex Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
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.
MarketClub’s Trade Triangles for SCRUSD
The long-term trend has been UP since Mar 25th, 2021 at 0.04874208
The intermediate-term trend has been DOWN since Oct 12th, 2021 at 0.06769556
The short-term trend has been UP since Oct 19th, 2021 at 0.07759648
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).