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Forex Trend Analysis Report
Prepared for you on Thursday, April 18, 2024.
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.
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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 Apr 16th, 2024 at 14.449548
The short-term trend has been DOWN since Apr 18th, 2024 at 13.509413
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 13.508123 | 13.635211 | 13.508123 | 13.635104 | +0.126981 |
| Prev. Close | Volume | Bid | Ask | Time |
| 13.508123 | 2024-04-18 16:55:11 |