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Forex Trend Analysis Report

Prepared for you on Sunday, April 5, 2020.

Seychelles Rupee/US Dollar (FOREX:SCRUSD)

Strong Downtrend (-100) - SCRUSD 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 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
0.07300961 0.07301020 0.07236238 0.07240361 -0.00060600
Entry Signal

MarketClub’s Trade Triangles for SCRUSD

long term down The long-term trend has been DOWN since Jan 31st, 2020 at 0.07129295

intermediate term down The intermediate-term trend has been DOWN since Mar 19th, 2020 at 0.07271949

short term down The short-term trend has been DOWN since Apr 3rd, 2020 at 0.07297670

Smart Scan Analysis for SCRUSD

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

-100
Smart Scan Analysis for SCRUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.07300961 0.07301020 0.07236238 0.07240361 -0.00060600
Prev. Close Volume Bid Ask Time
0.07300961 0.06757348 0.07723374 2020-04-03 17:10:36
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