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Forex Trend Analysis Report

Prepared for you on Tuesday, January 21, 2020.

US Dollar/Seychelles Rupee (FOREX:USDSCR)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_USDSCR
Open High Low USDSCR Price Change
13.700025 13.701448 13.697172 13.699916 -0.000109
Entry Signal

MarketClub’s Trade Triangles for USDSCR

long term down The long term trend has been DOWN since Dec 18th, 2019 at 12.953466

intermediate term up The intermediate term trend has been UP since Dec 16th, 2019 at 13.950000

short term up The short term trend has been UP since Jan 17th, 2020 at 13.701226

Smart Scan Analysis for USDSCR

Based on a pre-defined weighted trend formula for chart analysis, USDSCR scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for USDSCR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13.700025 13.701448 13.697172 13.699916 -0.000109
Prev. Close Volume Bid Ask Time
13.700025 12.797299 14.602533 2020-01-21 21:39:56
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