Forex Trend Analysis Report
Prepared for you on Monday, August 15, 2022.
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 27th, 2022 at 12.795920
The intermediate-term trend has been DOWN since Aug 10th, 2022 at 12.742361
The short-term trend has been DOWN since Aug 10th, 2022 at 12.771367
Smart Scan Analysis for USDSCR
Based on our trend formula, USDSCR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).