Forex Trend Analysis Report
Prepared for you on Sunday, October 1, 2023.
US Dollar/Seychelles Rupee (FOREX:USDSCR)
Bull Market Weakness (+75) - USDSCR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on USDSCR as it may be in the beginning stages of a reversal.
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 Jul 20th, 2023 at 14.223363
The intermediate-term trend has been DOWN since Sep 20th, 2023 at 12.784352
The short-term trend has been UP since Sep 25th, 2023 at 13.620499
Smart Scan Analysis for USDSCR
Based on our trend formula, USDSCR is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).