Forex Trend Analysis Report
Prepared for you on Thursday, February 21, 2019.
Euro/Seychelles Rupee (FOREX:EURSCR)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for EURSCR
The long term trend has been UP since Sep 27th, 2018 at 16.240
The intermediate term trend has been DOWN since Feb 11th, 2019 at 15.424
The short term trend has been UP since Feb 18th, 2019 at 15.532
Smart Scan Analysis for EURSCR
Based on a pre-defined weighted trend formula for chart analysis, EURSCR scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).