Forex Trend Analysis Report
Prepared for you on Thursday, November 30, 2023.
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 Oct 18th, 2023 at 14.312000
The intermediate-term trend has been UP since Nov 24th, 2023 at 14.587652
The short-term trend has been DOWN since Nov 29th, 2023 at 13.224560
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).