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Forex Trend Analysis Report

Prepared for you on Wednesday, April 1, 2020.

US Dollar/Salvadoran Colon (FOREX:USDSVC)

Sidelines Mode (+50) - USDSVC is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until USDSVC can gain momentum.

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
8.753886 8.753886 8.753886 8.753886 0.000000
Entry Signal

MarketClub’s Trade Triangles for USDSVC

long term down The long-term trend has been DOWN since Jun 23rd, 2019 at 8.693150

intermediate term up The intermediate-term trend has been UP since Mar 31st, 2020 at 8.764802

short term up The short-term trend has been UP since Mar 31st, 2020 at 8.764802

Smart Scan Analysis for USDSVC

Based on our trend formula, USDSVC is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for USDSVC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.753886 8.753886 8.753886 8.753886 0.000000
Prev. Close Volume Bid Ask Time
8.753886 8.534467 8.973304 2020-04-01 07:17:57
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