Forex Trend Analysis Report
Prepared for you on Monday, July 13, 2020.
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, SHORTSYMBOL 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.
MarketClub’s Trade Triangles for SCRUSD
The long-term trend has been DOWN since Jan 31st, 2020 at 0.07129295
The intermediate-term trend has been DOWN since Jun 22nd, 2020 at 0.05651544
The short-term trend has been DOWN since Jul 3rd, 2020 at 0.05594462
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).