Forex Trend Analysis Report
Prepared for you on Thursday, February 20, 2020.
US Dollar/Salvadoran Colon (FOREX:USDSVC)
Strong Downtrend (-100) - USDSVC is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid USDSVC?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDSVC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for USDSVC
The long-term trend has been DOWN since Jun 23rd, 2019 at 8.693150
The intermediate-term trend has been DOWN since Feb 2nd, 2020 at 8.728417
The short-term trend has been DOWN since Feb 19th, 2020 at 8.749937
Smart Scan Analysis for USDSVC
Based on our trend formula, USDSVC is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).