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Forex Trend Analysis Report

Prepared for you on Sunday, December 8, 2024.

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, SCRUSD 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
0.06658969 0.06658969 0.06658969 0.06658969 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 down The short-term trend has been DOWN since Dec 7th, 2024 at 0.06674749

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
0.06658969 0.06658969 0.06658969 0.06658969 0.00000000
Prev. Close Volume Bid Ask Time
0.06658969 2024-12-07 04:22:59
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