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Forex Trend Analysis Report

Prepared for you on Friday, October 15, 2021.

US Dollar/Seychelles Rupee (FOREX:USDSCR)

Sidelines Mode (-55) - USDSCR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
12.995258 14.968000 12.944000 13.460328 +0.465070
Entry Signal

MarketClub’s Trade Triangles for USDSCR

long term down The long-term trend has been DOWN since Apr 5th, 2021 at 20.217811

intermediate term up The intermediate-term trend has been UP since Sep 14th, 2021 at 14.148000

short term down The short-term trend has been DOWN since Oct 15th, 2021 at 12.996166

Smart Scan Analysis for USDSCR

Based on our trend formula, USDSCR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for USDSCR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
12.995258 14.968000 12.944000 13.460328 +0.465070
Prev. Close Volume Bid Ask Time
12.995258 2021-10-15 17:19:11
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