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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.

FOREX_SVCGBP
Open High Low SVCGBP Price Change
0.09231440 0.09231440 0.09231440 0.09231440 0.00000000
Entry Signal

MarketClub’s Trade Triangles for SVCGBP

long term up The long-term trend has been UP since Mar 4th, 2020 at 0.08886492

intermediate term up The intermediate-term trend has been UP since Mar 16th, 2020 at 0.08923649

short term down 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).

+55
Smart Scan Analysis for SVCGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.09231440 0.09231440 0.09231440 0.09231440 0.00000000
Prev. Close Volume Bid Ask Time
0.09231440 0.09000051 0.09462828 2020-04-01 07:17:57
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