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Forex Trend Analysis Report

Prepared for you on Friday, January 17, 2020.

Salvadoran Colon/US Dollar (FOREX:SVCUSD)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_SVCUSD
Open High Low SVCUSD Price Change
0.11463840 0.11463840 0.11463840 0.11463840 0.00000000
Entry Signal

MarketClub’s Trade Triangles for SVCUSD

long term up The long term trend has been UP since Jun 23rd, 2019 at 0.11510000

intermediate term up The intermediate term trend has been UP since Dec 29th, 2019 at 0.11443031

short term up The short term trend has been UP since Jan 9th, 2020 at 0.11433955

Smart Scan Analysis for SVCUSD

Based on a pre-defined weighted trend formula for chart analysis, SVCUSD scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for SVCUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.11463840 0.11463840 0.11463840 0.11463840 0.00000000
Prev. Close Volume Bid Ask Time
0.11463840 0.11180374 0.11747306 2020-01-12 13:08:56
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