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Forex Trend Analysis Report

Prepared for you on Saturday, May 25, 2024.

Salvadoran Colon/British Pound (FOREX:SVCGBP)

Crossroads (-60) - SVCGBP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
0.0898952 0.0898952 0.0898952 0.0898952 0.0000000
Entry Signal

MarketClub’s Trade Triangles for SVCGBP

long term up The long-term trend has been UP since Apr 2nd, 2024 at 0.09112001

intermediate term down The intermediate-term trend has been DOWN since May 14th, 2024 at 0.09106679

short term down The short-term trend has been DOWN since May 14th, 2024 at 0.09123712

Smart Scan Analysis for SVCGBP

Based on our trend formula, SVCGBP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for SVCGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0898952 0.0898952 0.0898952 0.0898952 0.0000000
Prev. Close Volume Bid Ask Time
0.0898952 2024-05-25 05:28:04
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