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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Seychelles Rupee/British Pound (FOREX:SCRGBP)
Crossroads (+60) - SCRGBP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SCRGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SCRGBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SCRGBP
The long-term trend has been DOWN since Nov 14th, 2023 at 0.05551410
The intermediate-term trend has been UP since May 8th, 2024 at 0.05988165
The short-term trend has been UP since May 7th, 2024 at 0.05873919
Smart Scan Analysis for SCRGBP
Based on our trend formula, SCRGBP is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.05887800 | 0.05968870 | 0.05518180 | 0.05951668 | +0.00063900 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.05887800 | 2024-05-09 09:53:15 |