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Forex Trend Analysis Report

Prepared for you on Thursday, November 21, 2024.

Salvadoran Colon/British Pound (FOREX:SVCGBP)

Bull Market Weakness (+75) - SVCGBP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SVCGBP as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid SVCGBP?

MarketClub looks at technical strength and momentum to determine if the timing is right for SVCGBP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_SVCGBP
Open High Low SVCGBP Price Change
0.09030842 0.09030842 0.09030842 0.09030842 0.00000000
Entry Signal

MarketClub’s Trade Triangles for SVCGBP

long term up The long-term trend has been UP since Nov 18th, 2024 at 0.09020161

intermediate term up The intermediate-term trend has been UP since Oct 20th, 2024 at 0.08677251

short term up The short-term trend has been UP since Oct 20th, 2024 at 0.08677251

Smart Scan Analysis for SVCGBP

Based on our trend formula, SVCGBP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for SVCGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.09030842 0.09030842 0.09030842 0.09030842 0.00000000
Prev. Close Volume Bid Ask Time
0.09030842 2024-11-20 19:11:53
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