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Forex Trend Analysis Report

Prepared for you on Tuesday, January 21, 2020.

US Dollar/Salvadoran Colon (FOREX:USDSVC)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_USDSVC
Open High Low USDSVC Price Change
8.750051 8.750051 8.750051 8.750051 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 down The intermediate term trend has been DOWN since Dec 29th, 2019 at 8.744298

short term down The short term trend has been DOWN since Jan 9th, 2020 at 8.751146

Smart Scan Analysis for USDSVC

Based on a pre-defined weighted trend formula for chart analysis, USDSVC scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for USDSVC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.750051 8.750051 8.750051 8.750051 0.000000
Prev. Close Volume Bid Ask Time
8.750051 8.533555 8.966547 2020-01-20 07:19:46
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