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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Seychelles Rupee/US Dollar (FOREX:SCRUSD)

Long-Term Uptrend (+90) - SCRUSD is in a strong uptrend that is likely to continue. While SCRUSD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
0.07566025 0.07566381 0.07291907 0.07291907 -0.00274100
Entry Signal

MarketClub’s Trade Triangles for SCRUSD

long term up The long-term trend has been UP since Jul 25th, 2024 at 0.07534104

intermediate term up The intermediate-term trend has been UP since Jul 25th, 2024 at 0.07498830

short term up The short-term trend has been UP since Jul 25th, 2024 at 0.07421654

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
0.07566025 0.07566381 0.07291907 0.07291907 -0.00274100
Prev. Close Volume Bid Ask Time
0.07566025 2024-07-26 08:52:42
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