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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.

FOREX_SVCEUR
Open High Low SVCEUR Price Change
0.09427227 0.09427227 0.09427227 0.09427227 0.00000000
Entry Signal

MarketClub’s Trade Triangles for SVCEUR

long term down The long-term trend has been DOWN since Nov 27th, 2020 at 0.09608485

intermediate term down The intermediate-term trend has been DOWN since Nov 9th, 2020 at 0.09641854

short term down 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).

-100
Smart Scan Analysis for SVCEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.09427227 0.09427227 0.09427227 0.09427227 0.00000000
Prev. Close Volume Bid Ask Time
0.09427227 2020-12-03 07:20:41
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