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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.

FOREX_USDSCR
Open High Low USDSCR Price Change
13.069000 14.480000 13.033864 13.619753 +0.550753
Entry Signal

MarketClub’s Trade Triangles for USDSCR

long term up The long-term trend has been UP since Oct 18th, 2023 at 14.312000

intermediate term up The intermediate-term trend has been UP since Nov 24th, 2023 at 14.587652

short term down 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).

+85
Smart Scan Analysis for USDSCR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13.069000 14.480000 13.033864 13.619753 +0.550753
Prev. Close Volume Bid Ask Time
13.069000 2023-11-30 12:05:33
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