Forex Trend Analysis Report
Prepared for you on Wednesday, April 1, 2020.
Salvadoran Colon/British Pound (FOREX:SVCGBP)
Sidelines Mode (+55) - SVCGBP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
MarketClub’s Trade Triangles for SVCGBP
The long-term trend has been UP since Mar 4th, 2020 at 0.08886492
The intermediate-term trend has been UP since Mar 16th, 2020 at 0.08923649
The short-term trend has been DOWN since Mar 29th, 2020 at 0.09296630
Smart Scan Analysis for SVCGBP
Based on our trend formula, SVCGBP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).