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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

US Dollar/Seychelles Rupee (FOREX:USDSCR)

Strong Downtrend (-100) - USDSCR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, USDSCR continues to fall. Traders should use caution and set stops.

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
13.280840 14.515000 13.280225 13.620544 +0.339704
Entry Signal

MarketClub’s Trade Triangles for USDSCR

long term down The long-term trend has been DOWN since Jul 25th, 2024 at 13.336462

intermediate term down The intermediate-term trend has been DOWN since Jul 25th, 2024 at 13.401007

short term down The short-term trend has been DOWN since Jul 25th, 2024 at 13.536354

Smart Scan Analysis for USDSCR

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

-100
Smart Scan Analysis for USDSCR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13.280840 14.515000 13.280225 13.620544 +0.339704
Prev. Close Volume Bid Ask Time
13.280840 2024-07-26 08:06:18
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