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Forex Trend Analysis Report

Prepared for you on Saturday, May 30, 2020.

Salvadoran Colon/US Dollar (FOREX:SVCUSD)

Bear Market Rally (-75) - SVCUSD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SVCUSD as it may be in the beginning 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
0.11437792 0.11437792 0.11437792 0.11437792 0.00000000
Entry Signal

MarketClub’s Trade Triangles for SVCUSD

long term down The long-term trend has been DOWN since May 13th, 2020 at 0.11411205

intermediate term up The intermediate-term trend has been UP since May 18th, 2020 at 0.11512682

short term down The short-term trend has been DOWN since May 21st, 2020 at 0.11432682

Smart Scan Analysis for SVCUSD

Based on our trend formula, SVCUSD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for SVCUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.11437792 0.11437792 0.11437792 0.11437792 0.00000000
Prev. Close Volume Bid Ask Time
0.11437792 0.11151399 0.11724184 2020-05-26 07:14:35
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