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Forex Trend Analysis Report

Prepared for you on Saturday, April 20, 2024.

Salvadoran Colon/Euro (FOREX:SVCEUR)

Bull Market Weakness (+75) - SVCEUR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SVCEUR as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid SVCEUR?

MarketClub looks at technical strength and momentum to determine if the timing is right for SVCEUR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_SVCEUR
Open High Low SVCEUR Price Change
0.1074135 0.1074135 0.1074135 0.1074135 0.0000000
Entry Signal

MarketClub’s Trade Triangles for SVCEUR

long term up The long-term trend has been UP since Apr 17th, 2024 at 0.10680506

intermediate term up The intermediate-term trend has been UP since Mar 28th, 2024 at 0.10570919

short term up The short-term trend has been UP since Apr 17th, 2024 at 0.10642970

Smart Scan Analysis for SVCEUR

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

+70
Smart Scan Analysis for SVCEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.1074135 0.1074135 0.1074135 0.1074135 0.0000000
Prev. Close Volume Bid Ask Time
0.1074135 2024-04-20 05:38:10
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