Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, May 21, 2024.

Seychelles Rupee/Euro (FOREX:SCREUR)

Weak Downtrend (-65) - SCREUR is showing signs of a strengthening downtrend. Monitor SCREUR as it may be building momentum to the downside.

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

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

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

FOREX_SCREUR
Open High Low SCREUR Price Change
0.06341218 0.06817964 0.06339200 0.06817964 +0.00476700
Entry Signal

MarketClub’s Trade Triangles for SCREUR

long term down The long-term trend has been DOWN since Nov 6th, 2023 at 0.06477736

intermediate term down The intermediate-term trend has been DOWN since Apr 22nd, 2024 at 0.06495482

short term down The short-term trend has been DOWN since May 15th, 2024 at 0.06387989

Smart Scan Analysis for SCREUR

Based on our trend formula, SCREUR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for SCREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.06341218 0.06817964 0.06339200 0.06817964 +0.00476700
Prev. Close Volume Bid Ask Time
0.06341218 2024-05-21 08:57:44
Get a free daily analysis and signals for Seychelles Rupee/Euro (SCREUR) - Request Your Free Report.