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Forex Trend Analysis Report
Prepared for you on Thursday, March 30, 2023.
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, SVCEUR 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.
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MarketClub’s Trade Triangles for SVCEUR
The long-term trend has been DOWN since Nov 11th, 2022 at 0.11166232
The intermediate-term trend has been DOWN since Mar 24th, 2023 at 0.10748281
The short-term trend has been DOWN since Mar 24th, 2023 at 0.10758696
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.10511987 | 0.10511987 | 0.10511987 | 0.10511987 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.10511987 | 2023-03-30 07:27:59 |