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Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

Salvadoran Colon/British Pound (FOREX:SVCGBP)

Crossroads (-60) - SVCGBP is struggling to move into a solid trend. Beware of choppy markets 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.

FOREX_SVCGBP
Open High Low SVCGBP Price Change
0.09055459 0.09055459 0.09055459 0.09055459 0.00000000
Entry Signal

MarketClub’s Trade Triangles for SVCGBP

long term down The long-term trend has been DOWN since Dec 1st, 2023 at 0.09050576

intermediate term up The intermediate-term trend has been UP since Mar 28th, 2024 at 0.09050293

short term up The short-term trend has been UP since Mar 17th, 2024 at 0.08970910

Smart Scan Analysis for SVCGBP

Based on our trend formula, SVCGBP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for SVCGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.09055459 0.09055459 0.09055459 0.09055459 0.00000000
Prev. Close Volume Bid Ask Time
0.09055459 2024-03-28 02:42:07
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