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Forex Trend Analysis Report

Prepared for you on Saturday, December 4, 2021.

Salvadoran Colon/US Dollar (FOREX:SVCUSD)

Sidelines Mode (+50) - SVCUSD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until SVCUSD can gain momentum.

Is it time to buy, sell, or avoid SVCUSD?

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

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

FOREX_SVCUSD
Open High Low SVCUSD Price Change
0.11441799 0.11441799 0.11441799 0.11441799 0.00000000
Entry Signal

MarketClub’s Trade Triangles for SVCUSD

long term down The long-term trend has been DOWN since Jun 13th, 2021 at 0.11397291

intermediate term up The intermediate-term trend has been UP since Dec 4th, 2021 at 0.11441608

short term up The short-term trend has been UP since Dec 4th, 2021 at 0.11439079

Smart Scan Analysis for SVCUSD

Based on our trend formula, SVCUSD is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for SVCUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.11441799 0.11441799 0.11441799 0.11441799 0.00000000
Prev. Close Volume Bid Ask Time
0.11441799 2021-12-04 05:18:40
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