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Forex Trend Analysis Report

Prepared for you on Tuesday, May 11, 2021.

US Dollar/Seychelles Rupee (FOREX:USDSCR)

Bear Market Rally (-75) - USDSCR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on USDSCR as it may be in the beginning 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.

FOREX_USDSCR
Open High Low USDSCR Price Change
15.340000 15.394417 15.244000 15.340042 +0.000042
Entry Signal

MarketClub’s Trade Triangles for USDSCR

long term down The long-term trend has been DOWN since Apr 5th, 2021 at 20.217811

intermediate term down The intermediate-term trend has been DOWN since Mar 25th, 2021 at 20.642108

short term down The short-term trend has been DOWN since Apr 14th, 2021 at 17.315268

Smart Scan Analysis for USDSCR

Based on our trend formula, USDSCR is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for USDSCR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.340000 15.394417 15.244000 15.340042 +0.000042
Prev. Close Volume Bid Ask Time
15.340000 2021-05-11 14:31:25
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