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Forex Trend Analysis Report

Prepared for you on Tuesday, November 29, 2022.

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
0.06965351 0.07852327 0.06965351 0.07852327 +0.00887000
Entry Signal

MarketClub’s Trade Triangles for SCRUSD

long term down The long-term trend has been DOWN since Sep 6th, 2022 at 0.06915591

intermediate term up The intermediate-term trend has been UP since Oct 20th, 2022 at 0.07896874

short term down The short-term trend has been DOWN since Nov 28th, 2022 at 0.06995019

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
0.06965351 0.07852327 0.06965351 0.07852327 +0.00887000
Prev. Close Volume Bid Ask Time
0.06965351 2022-11-29 06:33:24
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