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Forex Trend Analysis Report

Prepared for you on Thursday, December 5, 2024.

Euro/Seychelles Rupee (FOREX:EURSCR)

Strong Downtrend (-100) - EURSCR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, EURSCR continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid EURSCR?

MarketClub looks at technical strength and momentum to determine if the timing is right for EURSCR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_EURSCR
Open High Low EURSCR Price Change
15.821 15.836 14.785 14.785 -1.036
Entry Signal

MarketClub’s Trade Triangles for EURSCR

long term down The long-term trend has been DOWN since Sep 25th, 2024 at 13.927

intermediate term down The intermediate-term trend has been DOWN since Nov 12th, 2024 at 14.273

short term down The short-term trend has been DOWN since Dec 2nd, 2024 at 14.249

Smart Scan Analysis for EURSCR

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

-100
Smart Scan Analysis for EURSCR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.821 15.836 14.785 14.785 -1.036
Prev. Close Volume Bid Ask Time
15.821 2024-12-05 09:06:34
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