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.
MarketClub’s Trade Triangles for SCRUSD
The long-term trend has been DOWN since Sep 6th, 2022 at 0.06915591
The intermediate-term trend has been UP since Oct 20th, 2022 at 0.07896874
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).