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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.

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FOREX_USDSVC
Open High Low USDSVC Price Change
8.742390 8.742390 8.742390 8.742390 0.000000
Entry Signal

MarketClub’s Trade Triangles for USDSVC

long term down The long-term trend has been DOWN since Jun 23rd, 2019 at 8.693150

intermediate term down The intermediate-term trend has been DOWN since Feb 2nd, 2020 at 8.728417

short term down 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).

-100
Smart Scan Analysis for USDSVC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.742390 8.742390 8.742390 8.742390 0.000000
Prev. Close Volume Bid Ask Time
8.742390 8.520173 8.964607 2020-02-19 21:08:14
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