Forex Trend Analysis Report
Prepared for you on Friday, October 23, 2020.
Euro/Seychelles Rupee (FOREX:EURSCR)
Strong Uptrend (+100) - EURSCR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, EURSCR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for EURSCR
The long-term trend has been UP since Mar 9th, 2020 at 15.675
The intermediate-term trend has been UP since Oct 9th, 2020 at 21.356
The short-term trend has been UP since Oct 19th, 2020 at 21.312
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).