Forex Trend Analysis Report
Prepared for you on Tuesday, May 11, 2021.
US Dollar/Seychelles Rupee (FOREX:USDSCR)
Bear Market Rally (-75) - USDSCR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on USDSCR as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid USDSCR?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDSCR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for USDSCR
The long-term trend has been DOWN since Apr 5th, 2021 at 20.217811
The intermediate-term trend has been DOWN since Mar 25th, 2021 at 20.642108
The short-term trend has been DOWN since Apr 14th, 2021 at 17.315268
Smart Scan Analysis for USDSCR
Based on our trend formula, USDSCR is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).