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Forex Trend Analysis Report
Prepared for you on Saturday, October 26, 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 15th, 2024 at 0.06660361
The intermediate-term trend has been DOWN since Oct 14th, 2024 at 0.07101540
The short-term trend has been UP since Oct 22nd, 2024 at 0.07478031
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 |
|---|---|---|---|---|
| 0.07348161 | 0.07601225 | 0.07348161 | 0.07600540 | +0.00252400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.07348161 | 2024-10-25 16:54:50 |