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Forex Trend Analysis Report

Prepared for you on Monday, June 17, 2024.

Salvadoran Colon/Euro (FOREX:SVCEUR)

Long-Term Uptrend (+90) - SVCEUR is in a strong uptrend that is likely to continue. While SVCEUR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution 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
0.10689646 0.10689646 0.10689646 0.10689646 0.00000000
Entry Signal

MarketClub’s Trade Triangles for SVCEUR

long term up The long-term trend has been UP since Apr 17th, 2024 at 0.10680506

intermediate term up The intermediate-term trend has been UP since Jun 14th, 2024 at 0.10650910

short term up The short-term trend has been UP since Jun 14th, 2024 at 0.10647506

Smart Scan Analysis for SVCEUR

Based on our trend formula, SVCEUR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for SVCEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.10689646 0.10689646 0.10689646 0.10689646 0.00000000
Prev. Close Volume Bid Ask Time
0.10689646 2024-06-16 21:00:24
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