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Forex Trend Analysis Report
Prepared for you on Tuesday, April 23, 2024.
US Dollar/Salvadoran Colon (FOREX:USDSVC)
Strong Downtrend (-100) - USDSVC is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, USDSVC continues to fall. 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.
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MarketClub’s Trade Triangles for USDSVC
The long-term trend has been DOWN since Apr 3rd, 2024 at 8.711308
The intermediate-term trend has been DOWN since Apr 2nd, 2024 at 8.748013
The short-term trend has been DOWN since Apr 2nd, 2024 at 8.750006
Smart Scan Analysis for USDSVC
Based on our trend formula, USDSVC is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.739384 | 8.739384 | 8.739384 | 8.739384 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.739384 | 2024-04-23 07:26:28 |