Forex Trend Analysis Report
Prepared for you on Monday, March 8, 2021.
US Dollar/Seychelles Rupee (FOREX:USDSCR)
Crossroads (+60) - USDSCR is struggling to move into a solid trend. Beware of choppy markets 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 Mar 29th, 2020 at 14.137069
The intermediate-term trend has been DOWN since Jan 20th, 2021 at 21.098518
The short-term trend has been DOWN since Mar 5th, 2021 at 21.125753
Smart Scan Analysis for USDSCR
Based on our trend formula, USDSCR is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).