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Forex Trend Analysis Report
Prepared for you on Thursday, April 18, 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.
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MarketClub’s Trade Triangles for SVCEUR
The long-term trend has been UP since Apr 17th, 2024 at 0.10680506
The intermediate-term trend has been UP since Mar 28th, 2024 at 0.10570919
The short-term trend has been UP since Apr 17th, 2024 at 0.10642970
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.10749437 | 0.10749437 | 0.10749437 | 0.10749437 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.10749437 | 2024-04-17 19:38:07 |