Forex Trend Analysis Report
Prepared for you on Wednesday, June 7, 2023.
Seychelles Rupee/Euro (FOREX:SCREUR)
Sidelines Mode (+55) - SCREUR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
MarketClub’s Trade Triangles for SCREUR
The long-term trend has been UP since Mar 3rd, 2023 at 0.07552929
The intermediate-term trend has been UP since Apr 21st, 2023 at 0.07244312
The short-term trend has been DOWN since Jun 1st, 2023 at 0.06673536
Smart Scan Analysis for SCREUR
Based on our trend formula, SCREUR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).