Forex Trend Analysis Report
Prepared for you on Sunday, May 9, 2021.
US Dollar/Salvadoran Colon (FOREX:USDSVC)
Crossroads (-60) - USDSVC is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
MarketClub’s Trade Triangles for USDSVC
The long-term trend has been DOWN since Apr 1st, 2021 at 8.735090
The intermediate-term trend has been UP since Apr 7th, 2021 at 8.760881
The short-term trend has been UP since Apr 6th, 2021 at 8.747498
Smart Scan Analysis for USDSVC
Based on our trend formula, USDSVC is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).