Forex Trend Analysis Report
Prepared for you on Thursday, January 20, 2022.
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.
MarketClub’s Trade Triangles for USDSCR
The long-term trend has been UP since Jan 6th, 2022 at 14.983382
The intermediate-term trend has been UP since Jan 6th, 2022 at 14.977755
The short-term trend has been DOWN since Jan 13th, 2022 at 13.613312
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).