Forex Trend Analysis Report
Prepared for you on Thursday, December 3, 2020.
Salvadoran Colon/Euro (FOREX:SVCEUR)
Strong Downtrend (-100) - SVCEUR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for SVCEUR
The long-term trend has been DOWN since Nov 27th, 2020 at 0.09608485
The intermediate-term trend has been DOWN since Nov 9th, 2020 at 0.09641854
The short-term trend has been DOWN since Nov 5th, 2020 at 0.09767173
Smart Scan Analysis for SVCEUR
Based on our trend formula, SVCEUR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).