Forex Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
US Dollar/Seychelles Rupee (FOREX:USDSCR)
Weak Downtrend (-65) - USDSCR is showing signs of a strengthening downtrend. Monitor USDSCR as it may be building momentum to the downside.
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 Oct 19th, 2021 at 12.821000
The short-term trend has been UP since Oct 25th, 2021 at 14.726266
Smart Scan Analysis for USDSCR
Based on our trend formula, USDSCR is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).