Forex Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
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.
MarketClub’s Trade Triangles for USDSCR
The long-term trend has been UP since Mar 29th, 2020 at 14.137069
The intermediate-term trend has been UP since May 20th, 2020 at 18.166429
The short-term trend has been DOWN since May 22nd, 2020 at 16.538409
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).