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Forex Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
Salvadoran Colon/US Dollar (FOREX:SVCUSD)
Sidelines Mode (+55) - SVCUSD 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 SVCUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for SVCUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SVCUSD
The long-term trend has been UP since Apr 3rd, 2024 at 0.11486615
The intermediate-term trend has been UP since Apr 2nd, 2024 at 0.11438356
The short-term trend has been DOWN since Apr 25th, 2024 at 0.11450042
Smart Scan Analysis for SVCUSD
Based on our trend formula, SVCUSD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.11439121 | 0.11439121 | 0.11439121 | 0.11439121 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.11439121 | 2024-04-25 21:00:50 |