Forex Trend Analysis Report
Prepared for you on Friday, August 14, 2020.
Euro/Salvadoran Colon (FOREX:EURSVC)
Bull Market Weakness (+75) - EURSVC is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on EURSVC as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid EURSVC?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURSVC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EURSVC
The long-term trend has been UP since Jul 13th, 2020 at 9.912
The intermediate-term trend has been UP since Jul 9th, 2020 at 9.894
The short-term trend has been UP since May 20th, 2020 at 9.507
Smart Scan Analysis for EURSVC
Based on our trend formula, EURSVC is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).