Forex Trend Analysis Report
Prepared for you on Sunday, October 17, 2021.
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.
MarketClub’s Trade Triangles for SVCEUR
The long-term trend has been UP since Aug 9th, 2021 at 0.09709294
The intermediate-term trend has been UP since Sep 27th, 2021 at 0.09718735
The short-term trend has been UP since Sep 13th, 2021 at 0.09665164
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).