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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

US Dollar/Seychelles Rupee (FOREX:USDSCR)

Countertrend Up (+85) - USDSCR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid USDSCR?

MarketClub looks at technical strength and momentum to determine if the timing is right for USDSCR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_USDSCR
Open High Low USDSCR Price Change
14.080969 14.080969 14.077537 14.080731 -0.000238
Entry Signal

MarketClub’s Trade Triangles for USDSCR

long term up The long-term trend has been UP since Oct 15th, 2024 at 15.070841

intermediate term up The intermediate-term trend has been UP since Oct 14th, 2024 at 14.685000

short term down The short-term trend has been DOWN since Nov 12th, 2024 at 13.420525

Smart Scan Analysis for USDSCR

Based on our trend formula, USDSCR is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for USDSCR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
14.080969 14.080969 14.077537 14.080731 -0.000238
Prev. Close Volume Bid Ask Time
14.080969 2024-11-20 01:51:23
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