Forex Trend Analysis Report
Prepared for you on Tuesday, January 19, 2021.
US Dollar/Salvadoran Colon (FOREX:USDSVC)
Bull Market Weakness (+75) - USDSVC is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on USDSVC as it may be in the beginning stages of a reversal.
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 UP since Dec 31st, 2020 at 8.775643
The intermediate-term trend has been UP since Dec 31st, 2020 at 8.772772
The short-term trend has been UP since Jan 18th, 2021 at 8.752316
Smart Scan Analysis for USDSVC
Based on our trend formula, USDSVC is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).