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Forex Trend Analysis Report

Prepared for you on Tuesday, April 16, 2024.

Salvadoran Colon/US Dollar (FOREX:SVCUSD)

Bull Market Weakness (+75) - SVCUSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SVCUSD as it may be in the beginning stages of a reversal.

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.

FOREX_SVCUSD
Open High Low SVCUSD Price Change
0.11463705 0.11463705 0.11463705 0.11463705 0.00000000
Entry Signal

MarketClub’s Trade Triangles for SVCUSD

long term up The long-term trend has been UP since Apr 3rd, 2024 at 0.11486615

intermediate term up The intermediate-term trend has been UP since Apr 2nd, 2024 at 0.11438356

short term up The short-term trend has been UP since Apr 2nd, 2024 at 0.11435802

Smart Scan Analysis for SVCUSD

Based on our trend formula, SVCUSD is rated as a +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
0.11463705 0.11463705 0.11463705 0.11463705 0.00000000
Prev. Close Volume Bid Ask Time
0.11439591 2024-04-13 14:02:02
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