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Forex Trend Analysis Report

Prepared for you on Monday, March 18, 2024.

Seychelles Rupee/US Dollar (FOREX:SCRUSD)

Weak Downtrend (-65) - SCRUSD is showing signs of a strengthening downtrend. Monitor SCRUSD as it may be building momentum to the downside.

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
0.06950468 0.07444186 0.06950436 0.07438479 +0.00488000
Entry Signal

MarketClub’s Trade Triangles for SCRUSD

long term down The long-term trend has been DOWN since Oct 18th, 2023 at 0.07018473

intermediate term down The intermediate-term trend has been DOWN since Feb 9th, 2024 at 0.06997361

short term down The short-term trend has been DOWN since Mar 15th, 2024 at 0.07051038

Smart Scan Analysis for SCRUSD

Based on our trend formula, SCRUSD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for SCRUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.06950468 0.07444186 0.06950436 0.07438479 +0.00488000
Prev. Close Volume Bid Ask Time
0.06950468 2024-03-18 18:03:39
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