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Forex Trend Analysis Report

Prepared for you on Sunday, December 22, 2024.

Seychelles Rupee/US Dollar (FOREX:SCRUSD)

Sidelines Mode (-55) - SCRUSD 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 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
0.07208824 0.07208824 0.07208824 0.07208824 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 Nov 29th, 2024 at 0.06666354

short term up The short-term trend has been UP since Dec 18th, 2024 at 0.07205143

Smart Scan Analysis for SCRUSD

Based on our trend formula, SCRUSD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for SCRUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.07208824 0.07208824 0.07208824 0.07208824 0.00000000
Prev. Close Volume Bid Ask Time
0.07208824 2024-12-21 08:23:57
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