Forex Trend Analysis Report
Prepared for you on Friday, February 21, 2020.
Euro/Salvadoran Colon (FOREX:EURSVC)
Strong Downtrend (-100) - EURSVC is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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 DOWN since Feb 9th, 2020 at 9.617
The intermediate-term trend has been DOWN since Jan 20th, 2020 at 9.706
The short-term trend has been DOWN since Feb 5th, 2020 at 9.657
Smart Scan Analysis for EURSVC
Based on our trend formula, EURSVC is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).