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Forex Trend Analysis Report

Prepared for you on Sunday, July 3, 2022.

US Dollar/Salvadoran Colon (FOREX:USDSVC)

Long-Term Downtrend (-90) - USDSVC is in a strong downtrend that is likely to continue. While USDSVC is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid USDSVC?

MarketClub looks at technical strength and momentum to determine if the timing is right for USDSVC.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_USDSVC
Open High Low USDSVC Price Change
8.752423 8.752423 8.752423 8.752423 0.000000
Entry Signal

MarketClub’s Trade Triangles for USDSVC

long term down The long-term trend has been DOWN since May 25th, 2022 at 8.726166

intermediate term down The intermediate-term trend has been DOWN since Jun 26th, 2022 at 8.747713

short term down The short-term trend has been DOWN since Jun 26th, 2022 at 8.747713

Smart Scan Analysis for USDSVC

Based on our trend formula, USDSVC is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for USDSVC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.752423 8.752423 8.752423 8.752423 0.000000
Prev. Close Volume Bid Ask Time
8.752423 2022-06-28 07:20:51
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