Forex Trend Analysis Report
Prepared for you on Thursday, February 20, 2020.
US Dollar/Seychelles Rupee (FOREX:USDSCR)
Long-Term Uptrend (+90) - USDSCR is in a strong uptrend that is likely to continue. While USDSCR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 UP since Jan 31st, 2020 at 14.085000
The intermediate-term trend has been UP since Jan 31st, 2020 at 13.966000
The short-term trend has been UP since Feb 19th, 2020 at 13.735463
Smart Scan Analysis for USDSCR
Based on our trend formula, USDSCR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).