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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Salvadoran Colon/US Dollar (FOREX:SVCUSD)
Bull Market Weakness (+75) - SVCUSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SVCUSD as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for SVCUSD
The long-term trend has been UP since Aug 2nd, 2024 at 0.11493289
The intermediate-term trend has been UP since Dec 21st, 2024 at 0.11456407
The short-term trend has been UP since Dec 21st, 2024 at 0.11456407
Smart Scan Analysis for SVCUSD
Based on our trend formula, SVCUSD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.1148221 | 0.1148221 | 0.1148221 | 0.1148221 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.1145421 | 2024-12-21 08:23:55 |