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Forex Trend Analysis Report

Prepared for you on Monday, October 19, 2020.

Seychelles Rupee/Euro (FOREX:SCREUR)

Long-Term Downtrend (-90) - SCREUR is in a strong downtrend that is likely to continue. While SCREUR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
0.04715435 0.04716104 0.04641948 0.04649952 -0.00065500
Entry Signal

MarketClub’s Trade Triangles for SCREUR

long term down The long-term trend has been DOWN since Jun 22nd, 2020 at 0.05062907

intermediate term down The intermediate-term trend has been DOWN since Oct 9th, 2020 at 0.04692814

short term down The short-term trend has been DOWN since Oct 19th, 2020 at 0.04702546

Smart Scan Analysis for SCREUR

Based on our trend formula, SCREUR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SCREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.04715435 0.04716104 0.04641948 0.04649952 -0.00065500
Prev. Close Volume Bid Ask Time
0.04715435 2020-10-19 18:14:19
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