Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Sunday, August 9, 2020.

Salvadoran Colon/British Pound (FOREX:SVCGBP)

Strong Downtrend (-100) - SVCGBP 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 SVCGBP?

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

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

FOREX_SVCGBP
Open High Low SVCGBP Price Change
0.08743227 0.08743227 0.08743227 0.08743227 0.00000000
Entry Signal

MarketClub’s Trade Triangles for SVCGBP

long term down The long-term trend has been DOWN since Jul 9th, 2020 at 0.09047375

intermediate term down The intermediate-term trend has been DOWN since Jul 8th, 2020 at 0.09126808

short term down The short-term trend has been DOWN since Jul 21st, 2020 at 0.09063330

Smart Scan Analysis for SVCGBP

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

-100
Smart Scan Analysis for SVCGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.08743227 0.08743227 0.08743227 0.08743227 0.00000000
Prev. Close Volume Bid Ask Time
0.08743227 0.08540387 0.08946066 2020-08-08 13:36:04
Get a free daily analysis and signals for Salvadoran Colon/British Pound (SVCGBP) - Request Your Free Report.