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Forex Trend Analysis Report

Prepared for you on Monday, April 12, 2021.

Salvadoran Colon/Euro (FOREX:SVCEUR)

Sidelines Mode (+55) - SVCEUR 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 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
0.09621434 0.09621434 0.09621434 0.09621434 0.00000000
Entry Signal

MarketClub’s Trade Triangles for SVCEUR

long term up The long-term trend has been UP since Mar 7th, 2021 at 0.09544257

intermediate term up The intermediate-term trend has been UP since Mar 7th, 2021 at 0.09493490

short term down The short-term trend has been DOWN since Apr 6th, 2021 at 0.09742419

Smart Scan Analysis for SVCEUR

Based on our trend formula, SVCEUR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for SVCEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.09621434 0.09621434 0.09621434 0.09621434 0.00000000
Prev. Close Volume Bid Ask Time
0.09621434 2021-04-10 08:43:09
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