Forex Trend Analysis Report
Prepared for you on Tuesday, March 9, 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.
MarketClub’s Trade Triangles for SVCEUR
The long-term trend has been UP since Mar 7th, 2021 at 0.09544257
The intermediate-term trend has been UP since Mar 7th, 2021 at 0.09493490
The short-term trend has been UP since Mar 1st, 2021 at 0.09479983
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).