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Forex Trend Analysis Report

Prepared for you on Thursday, November 21, 2024.

Seychelles Rupee/US Dollar (FOREX:SCRUSD)

Long-Term Downtrend (-90) - SCRUSD is in a strong downtrend that is likely to continue. While SCRUSD 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 SCRUSD?

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

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

FOREX_SCRUSD
Open High Low SCRUSD Price Change
0.06948312 0.06948312 0.06948312 0.06948312 0.00000000
Entry Signal

MarketClub’s Trade Triangles for SCRUSD

long term down The long-term trend has been DOWN since Oct 15th, 2024 at 0.06660361

intermediate term down The intermediate-term trend has been DOWN since Oct 14th, 2024 at 0.07101540

short term down The short-term trend has been DOWN since Nov 21st, 2024 at 0.07133879

Smart Scan Analysis for SCRUSD

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

-90
Smart Scan Analysis for SCRUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.06948312 0.06948312 0.06948312 0.06948312 0.00000000
Prev. Close Volume Bid Ask Time
0.06948312 2024-11-21 08:44:51
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