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Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

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
17.590000 17.590661 17.589097 17.590373 +0.000373
Entry Signal

MarketClub’s Trade Triangles for USDSCR

long term up The long-term trend has been UP since Mar 29th, 2020 at 14.137069

intermediate term up The intermediate-term trend has been UP since May 20th, 2020 at 18.166429

short term down The short-term trend has been DOWN since May 22nd, 2020 at 16.538409

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
17.590000 17.590661 17.589097 17.590373 +0.000373
Prev. Close Volume Bid Ask Time
17.590000 16.671719 18.509026 2020-05-25 04:48:53
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