Forex Trend Analysis Report
Prepared for you on Saturday, February 27, 2021.
Salvadoran Colon/US Dollar (FOREX:SVCUSD)
Weak Downtrend (-65) - SVCUSD is showing signs of a strengthening downtrend. Monitor SVCUSD as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for SVCUSD
The long-term trend has been DOWN since Dec 31st, 2020 at 0.11401438
The intermediate-term trend has been UP since Feb 9th, 2021 at 0.11438662
The short-term trend has been DOWN since Feb 17th, 2021 at 0.11427707
Smart Scan Analysis for SVCUSD
Based on our trend formula, SVCUSD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).