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Forex Trend Analysis Report

Prepared for you on Sunday, December 5, 2021.

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
0.10112063 0.10112063 0.10112063 0.10112063 0.00000000
Entry Signal

MarketClub’s Trade Triangles for SVCEUR

long term up The long-term trend has been UP since Aug 9th, 2021 at 0.09709294

intermediate term up The intermediate-term trend has been UP since Sep 27th, 2021 at 0.09718735

short term up The short-term trend has been UP since Nov 9th, 2021 at 0.09862592

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
0.10112063 0.10112063 0.10112063 0.10112063 0.00000000
Prev. Close Volume Bid Ask Time
0.10112063 2021-12-04 05:18:40
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