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Forex Trend Analysis Report

Prepared for you on Monday, November 19, 2018.

British Pound/Seychelles Rupee (FOREX:GBPSCR)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_GBPSCR
Open High Low GBPSCR Price Change
17.5575 17.5575 17.5575 17.5575 0.0000
Entry Signal

MarketClub’s Trade Triangles for GBPSCR

long term up The long term trend has been UP since Sep 27th, 2018 at 18.3245

intermediate term down The intermediate term trend has been DOWN since Oct 22nd, 2018 at 17.6085

short term down The short term trend has been DOWN since Nov 15th, 2018 at 17.5230

Smart Scan Analysis for GBPSCR

Based on a pre-defined weighted trend formula for chart analysis, GBPSCR scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for GBPSCR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.5575 17.5575 17.5575 17.5575 0.0000
Prev. Close Volume Bid Ask Time
17.5575 16.4330 18.6820 2018-11-18 20:14:49
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