Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Salvadoran Colon/Euro (FOREX:SVCEUR)
Countertrend Down (-85) - SVCEUR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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.
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MarketClub’s Trade Triangles for SVCEUR
The long-term trend has been DOWN since Jul 12th, 2024 at 0.10502045
The intermediate-term trend has been DOWN since Jul 7th, 2024 at 0.10587719
The short-term trend has been UP since Jul 21st, 2024 at 0.10492122
Smart Scan Analysis for SVCEUR
Based on our trend formula, SVCEUR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.10534149 | 0.10534149 | 0.10534149 | 0.10534149 | 0.00000000 |
Prev. Close | Volume | Bid | Ask | Time |
0.10534149 | 2024-07-26 14:00:13 |