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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.

FOREX_USDSCR
Open High Low USDSCR Price Change
13.293139 14.338287 12.781345 14.333387 +1.040248
Entry Signal

MarketClub’s Trade Triangles for USDSCR

long term down The long-term trend has been DOWN since Apr 27th, 2022 at 12.795920

intermediate term down The intermediate-term trend has been DOWN since Aug 10th, 2022 at 12.742361

short term down 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).

-70
Smart Scan Analysis for USDSCR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13.293139 14.338287 12.781345 14.333387 +1.040248
Prev. Close Volume Bid Ask Time
13.293139 2022-08-12 17:12:26
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