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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

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.

FOREX_SVCUSD
Open High Low SVCUSD Price Change
0.11437346 0.11440612 0.11437346 0.11440612 +0.00003300
Entry Signal

MarketClub’s Trade Triangles for SVCUSD

long term down The long-term trend has been DOWN since Jun 10th, 2024 at 0.11399930

intermediate term down The intermediate-term trend has been DOWN since Jul 18th, 2024 at 0.11423279

short term down The short-term trend has been DOWN since Jul 24th, 2024 at 0.11436914

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
0.11437346 0.11440612 0.11437346 0.11440612 +0.00003300
Prev. Close Volume Bid Ask Time
0.11437346 2024-07-26 14:00:13
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