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Forex Trend Analysis Report

Prepared for you on Wednesday, June 19, 2024.

US Dollar/Seychelles Rupee (FOREX:USDSCR)

Long-Term Uptrend (+90) - USDSCR is in a strong uptrend that is likely to continue. While USDSCR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution 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
13.937 13.937 13.937 13.937 0.000
Entry Signal

MarketClub’s Trade Triangles for USDSCR

long term up The long-term trend has been UP since Oct 18th, 2023 at 14.312000

intermediate term up The intermediate-term trend has been UP since Jun 12th, 2024 at 14.585002

short term up The short-term trend has been UP since Jun 12th, 2024 at 13.800450

Smart Scan Analysis for USDSCR

Based on our trend formula, USDSCR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for USDSCR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13.937 13.937 13.937 13.937 0.000
Prev. Close Volume Bid Ask Time
13.937 2024-06-19 03:30:12
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