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Forex Trend Analysis Report

Prepared for you on Thursday, November 21, 2024.

Salvadoran Colon/Euro (FOREX:SVCEUR)

Countertrend Up (+85) - SVCEUR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid SVCEUR?

MarketClub looks at technical strength and momentum to determine if the timing is right for SVCEUR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_SVCEUR
Open High Low SVCEUR Price Change
0.10835689 0.10835689 0.10835689 0.10835689 0.00000000
Entry Signal

MarketClub’s Trade Triangles for SVCEUR

long term up The long-term trend has been UP since Nov 12th, 2024 at 0.10566449

intermediate term up The intermediate-term trend has been UP since Oct 4th, 2024 at 0.10311336

short term up The short-term trend has been UP since Oct 4th, 2024 at 0.10311336

Smart Scan Analysis for SVCEUR

Based on our trend formula, SVCEUR is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for SVCEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.10835689 0.10835689 0.10835689 0.10835689 0.00000000
Prev. Close Volume Bid Ask Time
0.10835689 2024-11-20 19:11:53
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