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Forex Trend Analysis Report

Prepared for you on Tuesday, August 4, 2020.

US Dollar/Salvadoran Colon (FOREX:USDSVC)

Weak Uptrend (+65) - USDSVC is showing signs of weakening momentum to the upside. Monitor USDSVC as it may be in the beginning stages of a reversal.

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.

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FOREX_USDSVC
Open High Low USDSVC Price Change
8.739864 8.739864 8.739864 8.739864 0.000000
Entry Signal

MarketClub’s Trade Triangles for USDSVC

long term up The long-term trend has been UP since May 13th, 2020 at 8.768748

intermediate term up The intermediate-term trend has been UP since Jul 27th, 2020 at 8.749945

short term down The short-term trend has been DOWN since Jul 29th, 2020 at 8.748410

Smart Scan Analysis for USDSVC

Based on our trend formula, USDSVC is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for USDSVC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.739864 8.739864 8.739864 8.739864 0.000000
Prev. Close Volume Bid Ask Time
8.748830 8.535641 8.944086 2020-07-29 04:35:21
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