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Forex Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
Salvadoran Colon/British Pound (FOREX:SVCGBP)
Sidelines Mode (+55) - SVCGBP 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 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.
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MarketClub’s Trade Triangles for SVCGBP
The long-term trend has been UP since Apr 2nd, 2024 at 0.09112001
The intermediate-term trend has been UP since Mar 28th, 2024 at 0.09050293
The short-term trend has been DOWN since Apr 24th, 2024 at 0.09209043
Smart Scan Analysis for SVCGBP
Based on our trend formula, SVCGBP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.0918981 | 0.0918981 | 0.0918981 | 0.0918981 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.0918981 | 2024-04-24 21:01:03 |