Forex Trend Analysis Report
Prepared for you on Saturday, September 21, 2019.
US Dollar/Seychelles Rupee (FOREX:USDSCR)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for USDSCR
The long term trend has been UP since Aug 16th, 2019 at 14.0450
The intermediate term trend has been UP since Sep 17th, 2019 at 13.7455
The short term trend has been UP since Sep 19th, 2019 at 13.8235
Smart Scan Analysis for USDSCR
Based on a pre-defined weighted trend formula for chart analysis, USDSCR scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).